CHESTERFIELD, Mo. — With a mandatory July 1 deadline for the trilateral joint review of the U.S.-Mexico-Canada Agreement approaching, an economic study detailed the trade pact’s overall impact on U.S. agriculture.
“Together, the United States’ USMCA partners are the top export market for all corn products: bulk corn, ethanol and meat products,” according to the National Corn Growers Association.
The economic impact evaluation study was conducted using the Impact Analysis for Planning, or IMPLAN, model and results were revealed by the Agricultural Coalition of USMCA.
IMPLAN is a regional economic analysis software data application that estimates the impact or “ripple effect” of a specific economic activity. Data plugged into the IMPLAN tool used 2024 as the base year.
USMCA represented not only 37% of total U.S. corn exports in the 2024-2025 marketing year, but also made up…