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U.S. Grains Council Statement On Start Of NAFTA Modernization Talks

U.S. Grains Council Statement On Start Of NAFTA Modernization Talks
A statement from U.S. Grains Council (USGC) President and CEO Tom Sleight:
 
"As formal renegotiation discussions for the North American Free Trade Agreement (NAFTA) begin in Washington, the U.S. Grains Council (USGC) will be engaging closely to help achieve a conclusion that provides our members and our customers long-term certainty and creates a new platform for growth and integration of our regional feed and fuel industries.
 
"The Council has worked diligently for decades in both Canada and Mexico, building trusted relationships that are supported by strong policy in NAFTA. This agreement and the trade it has spurred have been critical to the growth of the U.S. feed grains industry. It is a foundational agreement in our global trade policy.
 
"Both farmers and negotiators must understand how important these markets - and free trade - are to agriculture’s profitability. 
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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.