GFM Network News


Trump says impeachment inquiry could derail North America trade deal

Washington/Mexico City | Reuters — U.S. President Donald Trump warned on Wednesday that an impeachment inquiry against him could derail congressional approval of a North America trade pact, dragging down Mexico’s peso and stock market as investors fled riskier assets. While U.S. Trade Representative Robert Lighthizer said he was confident the U.S-Mexico-Canada trade agreement would […] Read more




Canary seed market watches peso ahead of planting

CNS Canada — It’s not a stellar time for canary seed prices but the situation could improve, depending on acreage this spring and what the Mexico peso does in 2017. “Prices are not showing a whole lot of strength,” said Kevin Hursh, executive director of the Canaryseed Development Commission of Saskatchewan. “We’re probably in that […] Read more


U.S. grain exports slide after Trump win batters peso

Chicago | Reuters — Mexican demand for U.S. grain imports has slumped along with the country’s sinking peso as buyers withdrew from the market amid soaring costs in the week since Donald Trump won the U.S. presidential election, traders and industry analysts said. Corn prices in pesos jumped more than 10 per cent overnight for […] Read more