Source: CNBC, 8/23/18

Agricultural producers are encouraged by reports the U.S. and Mexico are closer to an informal NAFTA deal, but some remain wary of celebrating until a final pact is struck that also includes Canada. The U.S. and Mexico achieved progress in bilateral trade talks over the past several weeks but issues remain on rules for auto production, Reuters reported Thursday. One agricultural issue that appears to have gone away in the North American Free Trade Agreement renegotiations is the U.S. demand for certain restrictions on seasonal exports from Mexico.

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