# US-Mexico GM corn dispute to be resolved this year -chief agricultural negotiator

> The US chief agricultural negotiator, Doug McKalip, said the US expects the dispute with Mexico over genetically modified corn to be resolved this year. Mexico buys about $5 billion of US GM corn annually, mostly for livestock feed.

- Date: 2024-02-07 · published 2024-02-07T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/31643-us-mexico-gm-corn-dispute-to-be-resolved-this-year-chief-agricultural-negotiator
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Resolution of the USMCA dispute could secure continued Mexican demand for US corn, the top export market, supporting US corn export prices; a ruling against the ban removes a downside risk.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| CORN | 2025-01-06 | [US wins trade dispute against Mexico over genetically modified corn ban \| Agriculture Dive](https://feedsoft.ai/events/26472-us-wins-trade-dispute-against-mexico-over-genetically-modified-corn-ban.md) | +4.1% | +5.3% |
| CORN | 2025-01-01 | [Trade dispute: US can compel Mexico to accept GM corn for its tortillas](https://feedsoft.ai/events/26963-trade-dispute-us-can-compel-mexico-to-accept-gm-corn-for-its-tortillas.md) | -0.5% | +5.7% |
| CORN | 2025-02-06 | [USDA Applauds Mexico’s Action Towards Resolving USMCA Dispute on GE Corn \| USDA](https://feedsoft.ai/events/26003-usda-applauds-mexico-s-action-towards-resolving-usmca-dispute-on-ge-corn-usda.md) | +1.4% | -7.2% |
| CORN | 2024-12-20 | [US wins Mexico GM corn dispute case as panel finds curbs not science-based](https://feedsoft.ai/events/26958-us-wins-mexico-gm-corn-dispute-case-as-panel-finds-curbs-not-science-based.md) | +1.5% | +6.9% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/us-mexico-gm-corn-dispute-be-resolved-this-year-chief-agricultural-negotiator-2024-02-07/

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