Source: FARM PROGRESS, 12/27/19


Is the USMCA better for agriculture than NAFTA? Yes, says University of Illinois agricultural economist Nick Paulson, but only slightly. The better question may be whether it’s better than nothing at all. “The real value of the USMCA is not in comparing it to NAFTA, but in comparing it to not having NAFTA. Because NAFTA has incredible value,” Paulson says. Relative to the North American Free Trade Agreement, the United States-Mexico-Canada Agreement won’t make a huge difference for most Illinois farmers, but they’d definitely notice if the U.S. withdrew from NAFTA, he says.

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