# Mexico was the biggest buyer of US agricultural exports in FY 2024

> Mexico overtook China as the top destination for US food and agricultural exports in fiscal 2024, at about $30 billion. US corn purchases hit a record 24.5 million tonnes, about 40% of US corn exports. Growers still face uncertainty over a pending US challenge to Mexico's GM corn ban.

- Date: 2024-11-14 · published 2024-11-14T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/27397-mexico-was-the-biggest-buyer-of-us-agricultural-exports-in-fy-2024
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record Mexican demand supports US corn export flows and prices, but the pending dispute and possible restrictions add downside risk.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-09-23 | [Export Sales to Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/17433-export-sales-to-mexico-usda-foreign-agricultural-service.md) | +1.0% | -6.9% |
| CORN | 2025-08-12 | [Export Sales to Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/23295-export-sales-to-mexico-usda-foreign-agricultural-service.md) | +0.0% | +4.3% |
| CORN | 2026-08-05 | [Export Sales to Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/17889-export-sales-to-mexico-usda-foreign-agricultural-service.md) | -0.5% | +12.4% |
| CORN | 2022-02-01 | [Export Sales to China and Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/42668-export-sales-to-china-and-mexico-usda-foreign-agricultural-service.md) | +1.8% | +11.1% |
| CORN | 2024-03-11 | [US corn exports to Mexico expected to hit record high \| Agriculture Dive](https://feedsoft.ai/events/31180-us-corn-exports-to-mexico-expected-to-hit-record-high-agriculture-dive.md) | +1.7% | -4.3% |

## Sources

- mexiconewsdaily.com: https://mexiconewsdaily.com/business/mexico-biggest-buyer-us-food-agricultural-exports/

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