The American Farm Bureau Convention is underway in San Antonio, Texas! Farmers and ranchers gather as the USCMA trade deal review process for next year takes center stage.
According to AFBF’s Dave Salmonsen, “There is a built-in review process to make sure that the agreement is living up to what the three countries want it to. So, the U.S., Canada, and Mexico, each country will start thinking about it this year, defining their goals, and really deciding is this merely a review, look at some tweaks, how is it working, or is this going to be a real negotiation? Are there real big substantive issues that need to be changed and renegotiated?”
However, despite the process in place, Salmonsen warns there are several outside factors that could influence it.
“President Trump has issued an executive order called the America First Trade Policy, and it’s really a direction for all federal agencies to look at a variety of trade issues, but specifically on the U.S.-Mexico-Canada agreement. So there certainly is an opportunity and a potential that all this discussion about USMCA may not wait till 2026,” he adds.
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Mexico has fallen behind by several hundred thousand acre-feet in required water deliveries to the United States, a shortfall that has had devastating consequences across the Rio Grande Valley.
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U.S. Senator Roger Marshall of Kansas discusses expected changes to the 45Z tax credit and what they could mean for agriculture and rural America.
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