# EXPLAINER | United States Awaits USMCA Dispute Panel Report on Mexico's Genetically Engineered Corn Decree | Wilson Center

> The US has requested a USMCA dispute panel ruling on Mexico's 2023 decree restricting genetically engineered corn for dough and tortillas and phasing it out for animal feed. US corn exports to Mexico totaled $4.25 billion in January to September 2024, making Mexico the largest buyer of US corn. A panel report is awaited.

- Date: 2024-11-21 · published 2024-11-21T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/27395-explainer-united-states-awaits-usmca-dispute-panel-report-on-mexico-s
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Mexico takes about 40% of US corn exports, and any move to restrict GM feed corn could cut demand for US yellow corn and weigh on prices.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-08-17 | [United States Establishes USMCA Dispute Panel on Mexico’s Agricultural Biotechnology Measures \| United States Trade Representative](https://feedsoft.ai/events/34536-united-states-establishes-usmca-dispute-panel-on-mexico-s-agricultural.md) | +1.2% | -1.4% |
| CORN | 2023-08-17 | [US escalates Mexico corn trade spat with dispute panel request](https://feedsoft.ai/events/34537-us-escalates-mexico-corn-trade-spat-with-dispute-panel-request.md) | +1.2% | -1.4% |
| CORN | 2023-08-22 | [Exclusive: Mexico says it won't modify decree on GM corn ahead of USMCA panel](https://feedsoft.ai/events/34538-exclusive-mexico-says-it-won-t-modify-decree-on-gm-corn-ahead-of-usmca-panel.md) | +1.6% | -9.0% |
| CORN | 2023-06-02 | [United States Requests USMCA Dispute Settlement Consultations on Mexico’s Agricultural Biotechnology Measures \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/35480-united-states-requests-usmca-dispute-settlement-consultations-on-mexico-s.md) | -1.5% | -3.9% |
| CORN | 2023-06-09 | [WHAT THEY ARE SAYING: U.S. Requests USMCA Dispute Settlement Consultations on Mexico’s Agricultural Biotechnology Measures \| United States Trade Representative](https://feedsoft.ai/events/35479-what-they-are-saying-u-s-requests-usmca-dispute-settlement-consultations-on.md) | +4.4% | -4.7% |

## Sources

- wilsoncenter.org: https://www.wilsoncenter.org/article/explainer-united-states-awaits-usmca-dispute-panel-report-mexicos-genetically-engineered

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.