25.
01.17
08:02

Trumps protectionist export policy endangers U.S. agricultural exports

The prices of the CBoT Maisfutures fall morning on a one-week low today. The protectionist trade policies of new President Donald Trump the dealer on the futures exchanges expect that it is more difficult to export the large U.S. agricultural surpluses.
If the U.S. Government wants to renegotiate the North American free trade agreement NAFTA with Mexico and Canada and not ratify also the finish-traded transatlantic trade agreement TPP to negotiate better terms for the United States, adversity threatened the export-oriented US agro-business. The trading partners could contact other providers and the large U.S. surplus would weigh on prices in the United States.
Also the environmental protection agency wants to delay the introduction of the biodiesel blending adopted already for this year and Government tilt 29 further decisions of Obama, which will promote the sales of US agricultural surpluses and at the same time protect the environment.
Trumps Government unsettled the operators who are already burdened with high agricultural commodity overhangs said the head of market analysis at Societe Generale.
So Mexico may get in the future its corn import from Brazil or Argentina.

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