IBOV 169,648 ▼ 0.45% IPSA 10,903 ▲ 0.22% IPC MEX 68,483 ▲ 0.40% MERVAL 3,254,706 ▼ 2.92% COLCAP 2,371.18 ▼ 0.65% BVL PERÚ 56,588.47 ▲ 0.20% USD/BRL5.09▲ 0.52% USD/MXN17.19▼ 0.22% USD/CLP885.81▼ 0.64% USD/COP3,429▼ 1.77% USD/PEN3.41▲ 0.28% USD/ARS1,437▲ 0.49% USD/UYU40.32▲ 1.14% USD/PYG6,069▲ 0.98% USD/BOB6.86▲ 1.83% USD/DOP58.27▲ 0.43% USD/CRC451.13▲ 1.89% USD/GTQ7.61▲ 2.20% USD/HNL26.66▲ 1.33% USD/NIO36.62▲ 0.72% USD/VES591.04▲ 0.74% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.05▲ 0.08% USD/TTD6.76▲ 1.40% EUR/BRL5.91▲ 0.63% BRENT 79.46 ▼ 4.46% WTI 75.83 ▼ 6.09% IRON ORE 161.91 — — COPPER 6.48 ▼ 0.02% GOLD 4,353 ▲ 0.58% SILVER 70.13 ▲ 0.08% SOY 1,146 ▲ 2.35% CORN 414.25 ▼ 0.30% WHEAT 604.25 ▲ 2.46% COFFEE 273.60 ▲ 4.05% SUGAR 14.29 ▲ 4.46% ORANGE JUICE 147.45 ▼ 4.69% COTTON 77.76 ▲ 5.90% COCOA 4,232 ▲ 9.02% BEEF 249.13 ▼ 0.60% CATTLE 367.63 ▲ 1.68% LITHIUM 83.60 ▲ 1.49% PETR4 38.54 ▼ 1.33% VALE3 81.44 ▲ 0.35% ITUB4 40.45 ▲ 0.12% BBDC4 17.66 ▲ 0.06% ABEV3 16.44 ▼ 0.78% BBAS3 19.40 ▲ 0.05% B3SA3 15.04 ▼ 0.66% WEGE3 42.83 ▲ 0.12% PRIO3 56.85 ▼ 0.44% SUZB3 42.93 ▲ 0.80% RENT3 40.96 ▲ 0.76% AZZA3 17.45 ▲ 0.06% CSAN3 3.27 — 0.00% RAIZ4 0.43 ▲ 2.38% PCAR3 1.93 ▲ 9.66% GMAT3 3.91 ▼ 1.01% PSSA3 50.56 ▲ 1.22% CVCB3 1.35 ▼ 2.17% POSI3 3.79 ▲ 1.07% SLCE3 14.04 ▼ 0.57% NATU3 8.58 ▲ 1.18% BRKM5 8.46 ▼ 9.23% RANI3 7.80 ▼ 1.27% CSNA3 6.02 ▼ 1.15% CMIN3 4.35 ▼ 0.91% USIM5 10.13 ▼ 6.20% GGBR4 23.29 ▼ 0.30% ENEV3 24.44 ▼ 2.47% NEOE3 33.80 — 0.00% CPFE3 43.77 ▼ 0.68% CMIG4 10.72 ▼ 0.09% EQTL3 37.60 ▼ 2.13% LREN3 14.89 ▼ 2.74% VIVT3 33.58 ▲ 1.33% RAIL3 13.03 ▼ 1.81% KLABIN 17.06 ▼ 0.29% RAIA DROGASIL 17.67 ▲ 2.20% RDOR3 34.08 ▲ 0.83% HAPV3 11.21 ▼ 1.84% FLRY3 14.80 ▼ 1.20% SMTO3 15.97 ▼ 0.93% UGPA3 23.88 ▼ 0.91% VBBR3 27.92 ▼ 2.85% BBSE3 38.19 ▲ 1.09% BPAC11 50.70 ▼ 0.35% CURY3 32.70 ▼ 1.15% AERI3 2.31 ▼ 1.28% VIVARA 21.00 ▼ 2.73% COMPASS 24.99 ▼ 0.28% VAMOS 2.86 ▼ 4.03% SANB11 27.09 — 0.00% ASAI3 7.89 ▼ 1.00% SBSP3 27.80 ▼ 0.25% WALMEX 52.22 ▼ 0.80% GMEXICO 214.40 ▼ 0.01% FEMSA 219.27 ▲ 1.06% CEMEX 22.36 ▲ 0.54% GFNORTE 189.94 ▲ 1.24% BIMBO 58.00 ▼ 0.15% TELEVISA 10.25 ▲ 0.69% AMX 23.12 ▼ 0.99% GAP 431.45 ▲ 1.62% ASUR 305.18 ▲ 1.39% OMA 240.87 ▲ 2.59% KOF 183.50 ▼ 0.62% GRUMA 291.64 ▲ 0.06% KIMBER 37.86 ▲ 1.28% SQM-B 73,899 ▼ 0.34% COPEC 6,028 ▲ 0.47% BSANTANDER 74.00 ▲ 0.01% FALABELLA 6,094 ▲ 2.08% ENELAM 78.00 ▼ 1.27% CENCOSUD 2,185 ▼ 3.95% CMPC 1,050 ▼ 0.76% BANCO CHILE 179.60 ▼ 0.50% LATAM AIR 24.49 ▼ 0.45% YPF 76,750 ▼ 7.97% GGAL 8,160 ▼ 0.61% PAMPA 5,110 ▼ 3.40% TXAR 682.50 ▼ 2.43% ALUAR 985.00 ▼ 4.28% TGS 9,405 ▼ 4.90% CEPU 2,372 ▲ 0.04% MIRGOR 16,950 ▼ 1.17% COME 43.88 ▼ 2.45% LOMA NEGRA 3,600 ▼ 3.68% BYMA 303.25 ▼ 0.49% TELECOM ARG 4,398 ▼ 3.46% ECOPETROL 15.80 ▲ 0.70% BANCOLOMBIA 79.25 ▼ 1.11% GRUPO AVAL 5.47 — 0.00% CREDICORP 364.28 ▲ 0.54% SOUTHERN COPPER 194.53 ▲ 0.68% BUENAVENTURA 35.96 ▲ 3.16% MERCADOLIBRE 1,674 ▲ 1.68% NUBANK 12.72 ▲ 2.33% XP 15.68 ▼ 0.82% PAGSEGURO 8.98 ▲ 1.24% STONE 10.99 — 0.00% GLOBANT 36.63 ▼ 0.65% TECNOGLASS 44.85 ▲ 2.21% GAP AIRPORT 250.58 ▲ 1.26% ASUR 305.18 ▲ 1.39% OMA AIRPORT 111.73 ▲ 2.50% AMX ADR 26.78 ▼ 1.47% FEMSA ADR 126.88 ▲ 0.43% CEMEX ADR 12.98 ▲ 0.70% PETROBRAS ADR 17.05 ▼ 1.67% VALE ADR 15.98 ▼ 0.13% ITAU ADR 7.94 ▼ 0.13% SANTANDER BR 5.41 — 0.00% AMBEV ADR 3.20 ▼ 1.54% CSN 1.21 ▼ 0.82% GERDAU 4.62 ▼ 1.07% LATAM ADR 55.01 ▲ 0.27% BTC 65,669 ▼ 0.94% ETH 1,792 ▼ 0.17% SOL 73.78 ▼ 0.27% XRP 1.22 ▼ 1.72% BNB 606.00 ▼ 1.85% ADA 0.17 ▼ 2.83% DOGE 0.09 ▼ 0.78% AVAX 6.90 ▲ 0.92% LINK 8.29 ▼ 0.04% DOT 1.02 ▲ 0.56% LTC 45.73 ▼ 0.16% BCH 220.45 ▼ 1.83% TRX 0.32 ▼ 0.70% XLM 0.22 ▲ 2.74% HBAR 0.08 ▼ 1.46% NEAR 2.34 ▼ 2.02% ATOM 1.99 ▲ 1.29% AAVE 76.42 ▲ 3.54% SELIC 14.50% EMBRAER 76.27 ▼ 2.21% EMBRAER ADR 59.92 ▼ 2.57% JBS 12.30 ▲ 0.90% JBS BDR 62.77 ▲ 2.15% MBRF3 15.96 ▲ 1.14% MBRFY 3.09 ▲ 0.10% INTER 5.77 ▼ 0.86% EGX 52,047 ▼ 0.50% USD/ZAR16.16▼ 0.28% USD/NGN1,356▼ 0.14% NIKKEI 69,405 ▲ 0.13% CSI300 4,884 ▼ 0.15% HSI 24,494 ▼ 1.40% NIFTY 23,989 ▲ 0.57% KOSPI 8,727 ▲ 2.11% JCI 6,255 ▲ 4.12% USD/JPY160.43▲ 0.06% USD/CNY6.76▼ 0.02% DAX 24,910 ▲ 0.07% CAC 8,447 ▲ 0.75% FTSE 10,494 ▲ 0.61% MIB 52,433 ▲ 1.15% IBEX 19,164 ▲ 0.69% STOXX 636.00 ▲ 0.25% EUR/USD1.16▲ 0.18% GBP/USD1.34▼ 0.14% SPX 7,511 ▼ 0.57% DJI 52,000 ▲ 0.64% NDX 29,968 ▼ 1.89% RUT 2,939 ▼ 0.87% TSX 35,390 ▲ 0.32% VIX 16.41 ▲ 1.30% USD/CAD1.40▲ 0.01% US10Y 4.4280 ▼ 0.92% IBOV 169,648 ▼ 0.45% IPSA 10,903 ▲ 0.22% IPC MEX 68,483 ▲ 0.40% MERVAL 3,254,706 ▼ 2.92% COLCAP 2,371.18 ▼ 0.65% BVL PERÚ 56,588.47 ▲ 0.20% USD/BRL 5.09 ▲ 0.52% USD/MXN 17.19 ▼ 0.23% USD/CLP 885.81 ▼ 0.64% USD/COP 3,430 ▼ 1.75% USD/PEN 3.41 ▲ 0.28% USD/ARS 1,437 ▲ 0.49% USD/UYU 40.32 ▲ 1.14% USD/PYG 6,069 ▲ 0.98% USD/BOB 6.86 ▲ 1.83% USD/DOP 58.27 ▲ 0.43% USD/CRC 451.13 ▲ 1.89% USD/GTQ 7.61 ▲ 2.20% USD/HNL 26.66 ▲ 1.33% USD/NIO 36.62 ▲ 0.72% USD/VES 591.04 ▲ 0.74% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.05 ▲ 0.05% USD/TTD 6.76 ▲ 1.45% EUR/BRL 5.91 ▲ 0.66% BRENT 79.46 ▼ 4.46% WTI 75.83 ▼ 6.09% IRON ORE 161.91 — — COPPER 6.48 ▼ 0.02% GOLD 4,353 ▲ 0.58% SILVER 70.13 ▲ 0.08% SOY 1,146 ▲ 2.35% CORN 414.25 ▼ 0.30% WHEAT 604.25 ▲ 2.46% COFFEE 273.60 ▲ 4.05% SUGAR 14.29 ▲ 4.46% ORANGE JUICE 147.45 ▼ 4.69% COTTON 77.76 ▲ 5.90% COCOA 4,232 ▲ 9.02% BEEF 249.13 ▼ 0.60% CATTLE 367.63 ▲ 1.68% LITHIUM 83.60 ▲ 1.49% PETR4 38.54 ▼ 1.33% VALE3 81.44 ▲ 0.35% ITUB4 40.45 ▲ 0.12% BBDC4 17.66 ▲ 0.06% ABEV3 16.44 ▼ 0.78% BBAS3 19.40 ▲ 0.05% B3SA3 15.04 ▼ 0.66% WEGE3 42.83 ▲ 0.12% PRIO3 56.85 ▼ 0.44% SUZB3 42.93 ▲ 0.80% RENT3 40.96 ▲ 0.76% AZZA3 17.45 ▲ 0.06% CSAN3 3.27 — 0.00% RAIZ4 0.43 ▲ 2.38% PCAR3 1.93 ▲ 9.66% GMAT3 3.91 ▼ 1.01% PSSA3 50.56 ▲ 1.22% CVCB3 1.35 ▼ 2.17% POSI3 3.79 ▲ 1.07% SLCE3 14.04 ▼ 0.57% NATU3 8.58 ▲ 1.18% BRKM5 8.46 ▼ 9.23% RANI3 7.80 ▼ 1.27% CSNA3 6.02 ▼ 1.15% CMIN3 4.35 ▼ 0.91% USIM5 10.13 ▼ 6.20% GGBR4 23.29 ▼ 0.30% ENEV3 24.44 ▼ 2.47% NEOE3 33.80 — 0.00% CPFE3 43.77 ▼ 0.68% CMIG4 10.72 ▼ 0.09% EQTL3 37.60 ▼ 2.13% LREN3 14.89 ▼ 2.74% VIVT3 33.58 ▲ 1.33% RAIL3 13.03 ▼ 1.81% KLABIN 17.06 ▼ 0.29% RAIA DROGASIL 17.67 ▲ 2.20% RDOR3 34.08 ▲ 0.83% HAPV3 11.21 ▼ 1.84% FLRY3 14.80 ▼ 1.20% SMTO3 15.97 ▼ 0.93% UGPA3 23.88 ▼ 0.91% VBBR3 27.92 ▼ 2.85% BBSE3 38.19 ▲ 1.09% BPAC11 50.70 ▼ 0.35% CURY3 32.70 ▼ 1.15% AERI3 2.31 ▼ 1.28% VIVARA 21.00 ▼ 2.73% COMPASS 24.99 ▼ 0.28% VAMOS 2.86 ▼ 4.03% SANB11 27.09 — 0.00% ASAI3 7.89 ▼ 1.00% SBSP3 27.80 ▼ 0.25% WALMEX 52.22 ▼ 0.80% GMEXICO 214.40 ▼ 0.01% FEMSA 219.27 ▲ 1.06% CEMEX 22.36 ▲ 0.54% GFNORTE 189.94 ▲ 1.24% BIMBO 58.00 ▼ 0.15% TELEVISA 10.25 ▲ 0.69% AMX 23.12 ▼ 0.99% GAP 431.45 ▲ 1.62% ASUR 305.18 ▲ 1.39% OMA 240.87 ▲ 2.59% KOF 183.50 ▼ 0.62% GRUMA 291.64 ▲ 0.06% KIMBER 37.86 ▲ 1.28% SQM-B 73,899 ▼ 0.34% COPEC 6,028 ▲ 0.47% BSANTANDER 74.00 ▲ 0.01% FALABELLA 6,094 ▲ 2.08% ENELAM 78.00 ▼ 1.27% CENCOSUD 2,185 ▼ 3.95% CMPC 1,050 ▼ 0.76% BANCO CHILE 179.60 ▼ 0.50% LATAM AIR 24.49 ▼ 0.45% YPF 76,750 ▼ 7.97% GGAL 8,160 ▼ 0.61% PAMPA 5,110 ▼ 3.40% TXAR 682.50 ▼ 2.43% ALUAR 985.00 ▼ 4.28% TGS 9,405 ▼ 4.90% CEPU 2,372 ▲ 0.04% MIRGOR 16,950 ▼ 1.17% COME 43.88 ▼ 2.45% LOMA NEGRA 3,600 ▼ 3.68% BYMA 303.25 ▼ 0.49% TELECOM ARG 4,398 ▼ 3.46% ECOPETROL 15.80 ▲ 0.70% BANCOLOMBIA 79.25 ▼ 1.11% GRUPO AVAL 5.47 — 0.00% CREDICORP 364.28 ▲ 0.54% SOUTHERN COPPER 194.53 ▲ 0.68% BUENAVENTURA 35.96 ▲ 3.16% MERCADOLIBRE 1,674 ▲ 1.68% NUBANK 12.72 ▲ 2.33% XP 15.68 ▼ 0.82% PAGSEGURO 8.98 ▲ 1.24% STONE 10.99 — 0.00% GLOBANT 36.63 ▼ 0.65% TECNOGLASS 44.85 ▲ 2.21% GAP AIRPORT 250.58 ▲ 1.26% ASUR 305.18 ▲ 1.39% OMA AIRPORT 111.73 ▲ 2.50% AMX ADR 26.78 ▼ 1.47% FEMSA ADR 126.88 ▲ 0.43% CEMEX ADR 12.98 ▲ 0.70% PETROBRAS ADR 17.05 ▼ 1.67% VALE ADR 15.98 ▼ 0.13% ITAU ADR 7.94 ▼ 0.13% SANTANDER BR 5.41 — 0.00% AMBEV ADR 3.20 ▼ 1.54% CSN 1.21 ▼ 0.82% GERDAU 4.62 ▼ 1.07% LATAM ADR 55.01 ▲ 0.27% BTC 65,669 ▼ 0.94% ETH 1,792 ▼ 0.17% SOL 73.78 ▼ 0.27% XRP 1.22 ▼ 1.72% BNB 606.00 ▼ 1.85% ADA 0.17 ▼ 2.83% DOGE 0.09 ▼ 0.78% AVAX 6.90 ▲ 0.92% LINK 8.29 ▼ 0.04% DOT 1.02 ▲ 0.56% LTC 45.73 ▼ 0.16% BCH 220.45 ▼ 1.83% TRX 0.32 ▼ 0.70% XLM 0.22 ▲ 2.74% HBAR 0.08 ▼ 1.46% NEAR 2.34 ▼ 2.02% ATOM 1.99 ▲ 1.29% AAVE 76.42 ▲ 3.54% SELIC 14.50% EMBRAER 76.27 ▼ 2.21% EMBRAER ADR 59.92 ▼ 2.57% JBS 12.30 ▲ 0.90% JBS BDR 62.77 ▲ 2.15% MBRF3 15.96 ▲ 1.14% MBRFY 3.09 ▲ 0.10% INTER 5.77 ▼ 0.86% EGX 52,047 ▼ 0.50% USD/ZAR 16.16 ▼ 0.15% USD/NGN 1,356 ▼ 0.03% NIKKEI 69,405 ▲ 0.13% CSI300 4,884 ▼ 0.15% HSI 24,494 ▼ 1.40% NIFTY 23,989 ▲ 0.57% KOSPI 8,727 ▲ 2.11% JCI 6,255 ▲ 4.12% USD/JPY 160.36 ▲ 0.02% USD/CNY 6.7557 ▼ 0.01% DAX 24,910 ▲ 0.07% CAC 8,447 ▲ 0.75% FTSE 10,494 ▲ 0.61% MIB 52,433 ▲ 1.15% IBEX 19,164 ▲ 0.69% STOXX 636.00 ▲ 0.25% EUR/USD 1.1614 ▲ 0.17% GBP/USD 1.3432 ▲ 0.17% SPX 7,511 ▼ 0.57% DJI 52,000 ▲ 0.64% NDX 29,968 ▼ 1.89% RUT 2,939 ▼ 0.87% TSX 35,390 ▲ 0.32% VIX 16.41 ▲ 1.30% USD/CAD 1.3991 ▲ 0.04% US10Y 4.4280 ▼ 0.92%
since 2009
Tuesday, June 16, 2026

Shortage Of Water For Texas Farmers Sparks New U.S.–Mexico Clash

By · December 10, 2025 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Key Points

  • Trump threatens a new 5% tariff on Mexican imports if Mexico does not release 200,000 acre-feet of water by December 31.
  • The fight centres on an 80-year-old border water treaty, drought and growing anger among farmers in South Texas and northern Mexico.
  • Turning water into a trade weapon risks higher food prices, strained US-Mexico ties and a model other countries may copy in future river disputes.

Donald Trump has opened another front in his pressure on Mexico, warning that he is ready to add a 5% tariff on Mexican imports unless Mexico “immediately” releases 200,000 acre-feet of water owed to US farmers in southern Texas.

Behind that all-caps threat on social media sits a slow-moving crisis in one of the world’s most stressed border regions.

Since 1944, a binational treaty has required Mexico to send an average of 350,000 acre-feet of water a year from Rio Grande tributaries, while the United States sends Colorado River water south in return.

After years of drought and heavy local use, Mexico is now hundreds of thousands of acre-feet behind. Trump has chosen to frame the dispute as a question of broken promises and unfair treatment of US farmers.

Shortage Of Water For Texas Farmers Sparks New U.S.–Mexico Clash. (Photo Internet reproduction)
RTAsk Rio TimesHave a question about Brazil or Latin America? Get a straight answer from our reporting.Start asking →

Texas politicians, who have watched orchards shrink and jobs disappear, broadly agree. For them, tariffs are a blunt but acceptable way to force Mexico back on schedule and show that Washington backs productive, export-focused agriculture.

Water Becomes a Geopolitical Tool

Mexico’s government tells a different story. President Claudia Sheinbaum points to “extraordinary drought” and insists the treaty allows shortfalls in dry years to be rolled into the next five-year cycle.

Officials argue that releasing huge volumes now could leave Mexican border cities and farms short of drinking water and irrigation, and say ageing dams and canals cannot move as much water as Trump demands so quickly.

For expats and foreign readers, the lesson is bigger than a Washington–Mexico City shouting match. As rivers shrink and tensions rise, water is quietly joining oil, gas and key minerals as a bargaining chip.

What starts as a local conflict on the US–Mexico border could shape how nations everywhere argue over shared rivers in a hotter, drier world.

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.