# Genetically modified corn trade dispute continues with formal submission from Mexico | IATP

> Mexico's formal USMCA submission in the GM corn dispute was published on March 5, defending its decree restricting GM corn for human consumption and glyphosate. Mexico argues the policies affect only about 1% of US corn exports, mostly white corn for food, with feed exports largely unaffected.

- Date: 2024-03-06 · published 2024-03-06T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/31178-genetically-modified-corn-trade-dispute-continues-with-formal-submission-from
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Mexico says the restrictions touch only a small share of US corn exports, so the price impact on feed corn is likely limited, though the panel outcome remains a risk.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-09-06 | [U.S. trade dispute on genetically modified corn on shaky ground \| IATP](https://feedsoft.ai/events/34075-u-s-trade-dispute-on-genetically-modified-corn-on-shaky-ground-iatp.md) | -1.3% | -6.5% |
| CORN | 2024-09-24 | [The U.S. and Mexico are in a dispute over tortillas. It started with genetically modified corn](https://feedsoft.ai/events/28274-the-u-s-and-mexico-are-in-a-dispute-over-tortillas-it-started-with-genetically.md) | +1.7% | -0.8% |
| CORN | 2023-11-08 | [Creation Of USMCA Panel On Genetically Modified Corn - International Trade & Investment - Mexico](https://feedsoft.ai/events/33146-creation-of-usmca-panel-on-genetically-modified-corn-international-trade-and.md) | +0.4% | -0.5% |
| CORN | 2024-06-05 | [The U.S.-Mexico Genetically Engineered Corn Dispute - EveryCRSReport.com](https://feedsoft.ai/events/29712-the-u-s-mexico-genetically-engineered-corn-dispute-everycrsreport-com.md) | +5.7% | -3.0% |
| CORN | 2023-06-24 | [Mexico imposes 50% tariff on white corn imports amid trade dispute with U.S. and Canada \| AP News](https://feedsoft.ai/events/35482-mexico-imposes-50-tariff-on-white-corn-imports-amid-trade-dispute-with-u-s-and.md) | -8.7% | -0.3% |

## Sources

- iatp.org: https://www.iatp.org/gm-corn-trade-dispute-continues-formal-submission-mexico

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