BIEL-Ad-For-Web-300x281Amid fears that U.S. President Donald Trump will tinker the North American Free-Trade Agreement (NAFTA), Mexican government officials and executives from 16 industry groups will be travelling to Argentina and Brazil next week with the aim to close out deals for new supplies of grains including rice.The trade delegation leaves this weekend for Buenos Aires, where it will spend three days, and then head to Sao Paulo, where it will hold talks for another two days. Mr. Raul Urteaga, the Mexican Agriculture Ministry’s coordinator of international affairs said, “We are going to negotiate prices and contracts for supplies of yellow corn, soybeans, wheat and rice as a viable alternative to U.S. imports.” Urteaga added, “This is all because of the persistent rhetoric and threats from Washington.”

According to Massachusetts Institute of Technology data, U.S. is Mexico’s biggest supplier of corn, soybeans, wheat and rice.The threat by Mexico to find new suppliers of grains to meet its food requirements is portrayed clearly by this trade delegation should the Trump administration place new tariffs on Mexican imports. One Argentine company has already taken the initiative to sell corn and others would soon follow suit in case there is a need to fill in the supply gap with the U.S.

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