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USMCA won't mean a large price swing for agricultural products because record production and COVID-19 are bigger factors right now, Washington State University small grains economist Randy Fortenbery says.

Most agricultural organizations welcomed the latest step in the U.S.-Canada-Mexico Agreement. It's an improvement over NAFTA, said U.S. Wheat Associate's Dalton Henry. But R-CALF CEO Bill Bullard says the new deal is "worse" for ranchers, who are in a weaker position today than when they entered the original agreement.