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USMCA Analysis Shows “Slight' Gains for U.S. Ag Exports

Agreement woud allow for about a 1.1% increase in ag exports

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The U.S.-Mexico-Canada Agreement would be an overall win for the U.S. farm sector, reforming biotechnology and phytosanitary standards, but it would also allow for only “slight increases” in exports of some U.S. agricultural commodities, according to a 379-page analysis released today by the U.S. International Trade Commission.

According to AgriPulse, considering the agreement's overall language — including provisions impacting things like intellectual property rights, labor, and investment provisions — ag exports jumped $2.2 billion annually, a 1.1% increase.

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