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Although US declined to renew USMCA in July 2026, it remains in force during review process

(Jul 03, 2026)

There is $1.8 to $2 trillion in annual trilateral trade and ranks as one of the top three largest regional trading blocs in the world. Existing trade terms & market access continue uninterrupted. Export demand expected to remain strong and Canada remains the single largest export market for 36 US states, while Mexico is the top export market for six states. A weekly higher close in 26 Aug hog futures suggests the worst maybe be over as we slowly crave out a bottom.

Maurizio “Moe” Agostino

Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.