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Mexico Announces TRQ for Soybean Imports

Mexico this month announced a new temporary tariff rate quota for soybean imports for all trading partners, the U.S. Department of Agriculture Foreign Agricultural Service said Oct. 19. The TRQ, which will remain in force through Dec. 31, is for…

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500,000 metric tons of soybeans imported under Harmonized System code 12019002 with zero import duty, USDA said. Mexican officials will assign the TRQ “by direct allocation on a first-come, first-served basis.”