June 12, 2026:
President Donald Trump says he is not looking to renew the U.S.-Mexico-Canada Agreement, raising concerns among farm groups that rely on trade with the nation’s two largest agricultural export markets.
Bloomberg said Trump criticized trade deficits with Canada and Mexico and suggested the U.S. does not need goods from either country. Under the agreement, the three nations must approve a renewal by July 1, 2026, or begin a lengthy review process that could eventually lead to changes or withdrawal.
Agriculture organizations are urging the administration to keep the pact in place. More than 150 farm groups have signed a letter supporting renewal, citing the economic benefits of North American trade.
During a House Agriculture Committee hearing, Minnesota farmer Jamie Beyer of the American Soybean Association warned that failing to renew the agreement would be “catastrophic.” The USMCA has helped support nearly $1.6 trillion in annual North American trade.
June 11, 2026:
Farm and food industry leaders told members of the House Agriculture Committee that renewing the U.S.-Mexico-Canada Agreement is critical to the future of American agriculture and rural communities. During a hearing on the future of USMCA, representatives from commodity groups, dairy organizations, and the meat industry highlighted the agreement’s importance for agricultural exports and market stability. The agreement is scheduled for a formal review beginning July 1, 2026.
“USMCA has been the gold standard for agricultural trade agreements, providing the certainty farmers and ranchers need to plan, invest, and stay competitive,” said Minnesota soybean farmer Jamie Beyer of the American Soybean Association.
Industry groups noted that Canada and Mexico remain two of the most important export markets for U.S. agriculture. Dairy Farmers of America said more than 40 percent of U.S. dairy exports were shipped to the two countries last year. A renewal would avoid uncertainty that could impact farm income and long-term investment decisions.
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