Mexico has officially agreed to immediate Rio Grande water releases following recent disputes with the United States.
Under the 1944 Water Treaty between the two countries, Mexico is supposed to deliver on 1.75 million acre-feet of water to the United States over five-year periods.
However, Mexico has not kept up in its deliveries. As of this past Saturday, the country had provided just 600,000 acre-feet for the cycle that ended this October.
U.S. Secretary of Agriculture Brooke Rollins celebrated the release news, sharing:
“Mexico finally meeting the water needs of Texas farmers and ranchers under the 1944 Water Treaty is a major win for American agriculture... After weeks of negotiations with Mexican cabinet officials... we secured an agreement to give Texas producers the water they need to thrive. While this is a significant step forward, we welcome Mexico’s continued cooperation to support the future of American agriculture.”
Treasury Secretary Scott Bessent stated this week that the government will intervene to help, following China’s withdrawal from the U.S. soybean market. One trader says the industry will remain in a holding pattern until Tuesday.
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