# Mexico to Import Less U.S. Corn | American Ag Network

> USDA FAS projects Mexican corn imports will fall 2% to 23 million metric tons in 2024/25 as domestic production rises 6% to 25 million tons. Mexico was the largest US corn buyer in 2023 at $5.39 billion.

- Date: 2024-09-26 · published 2024-09-26T12:00:00.000Z
- Category: report · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/28276-mexico-to-import-less-u-s-corn-american-ag-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower Mexican import volume trims a key US export outlet, which is bearish for US corn prices and export basis.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-10-13 | [Corn Market Outlook After USDA's Yield Surprise \| American Ag Network](https://feedsoft.ai/events/427-corn-market-outlook-after-usda-s-yield-surprise-american-ag-network.md) | -2.0% | — |
| CORN | 2023-05-12 | [USDA Releases May 2023 WASDE Report \| American Ag Network](https://feedsoft.ai/events/35889-usda-releases-may-2023-wasde-report-american-ag-network.md) | -8.7% | -8.7% |
| CORN | 2018-02-26 | [Mexico Less Dependent on US Corn](https://feedsoft.ai/events/66463-mexico-less-dependent-on-us-corn.md) | +1.8% | +3.2% |
| CORN | 2017-06-23 | [FAS USDA lowers the forecast for corn import from Mexico](https://feedsoft.ai/events/70472-fas-usda-lowers-the-forecast-for-corn-import-from-mexico.md) | -0.6% | +3.5% |
| CORN | 2023-03-24 | [Mexico corn imports down 4% \| World Grain](https://feedsoft.ai/events/36837-mexico-corn-imports-down-4-world-grain.md) | +1.7% | +0.3% |

## Sources

- americanagnetwork.com: https://www.americanagnetwork.com/2024/09/26/mexico-to-import-less-u-s-corn/

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