The long-disputed U.S. Mexico Canada Free Trade Agreement goes into effect today and ag groups say updates will greatly benefit the sector.
American Farm Bureau says the agreement is expected to increase U.S. ag exports by $2 billion annually and overall increase gross domestic product by $65 billion.
The agreement will increase U.S. dairy product quotas in Canada and treat wheat imports the same as domestic wheat for grading purposes. Science-based trading standards have also been enhanced among the three nations.
