# Is America's No. 1 Corn Export Market at Risk?

> Mexico's decree banning genetically modified corn puts the US's largest corn export market at risk, with Mexico having been the top buyer for seven of the past ten years. Industry experts warn the dispute could also jeopardize other markets if left unresolved.

- Date: 2024-08-22 · published 2024-08-22T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/28744-is-america-s-no-1-corn-export-market-at-risk
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Mexico bought about $5.4 billion of US corn in 2023, so a loss of this market would weigh on US corn export demand and prices.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-03-08 | [Trouble in Mexico’s Corn Market](https://feedsoft.ai/events/48115-trouble-in-mexico-s-corn-market.md) | +2.7% | +3.0% |
| CORN | 2019-11-21 | [CEPM Corn Market n°195 \| Maiz'Europ'](https://feedsoft.ai/events/56097-cepm-corn-market-n-195-maiz-europ.md) | -0.5% | +2.1% |
| CORN | 2025-05-01 | [EU tariffs to curb US corn imports, soy at lower risk for now](https://feedsoft.ai/events/25117-eu-tariffs-to-curb-us-corn-imports-soy-at-lower-risk-for-now.md) | -3.8% | -1.4% |
| CORN | 2024-03-25 | [Trump tariffs create risks for US ag exports \| Latest Market News](https://feedsoft.ai/events/14770-trump-tariffs-create-risks-for-us-ag-exports-latest-market-news.md) | -4.9% | -6.9% |
| CORN | 2024-05-01 | [Barley Market Report: Rising Prices, Export Trends, and Drought Concerns - The Barley Bin](https://feedsoft.ai/events/30332-barley-market-report-rising-prices-export-trends-and-drought-concerns-the.md) | +2.6% | +7.2% |

## Sources

- agriculture.com: https://www.agriculture.com/is-americas-top-corn-export-market-at-risk-8695292

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