◂ Event Timeline

Feb 14, 2024TRADEMexico

Hearing set for late June on U.S.-Mexico corn dispute

A USMCA dispute hearing on Mexico's biotech corn policies is scheduled for late June, with a final report expected in November. USTR McKalip said he fully expects the case to be resolved this year.

WHY IT MATTERS

The timeline clarifies when the trade risk to US corn exports to Mexico may be resolved, and a ruling is a future catalyst for corn export expectations.

AFFECTSCORN◆

SOURCE
texasfarmbureau.orgEmmy PowellFeb 14, 2024

Price reaction & history

CORN◆neutralSO FAR1d -0.9%5d +0.5%20d +3.9%

After 480 past neutral trade events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

Apr 18, 2024Tense Exchange on US-Mexico Corn Dispute at House Ways and Means Hearing | American Ag Network-0.4%
Oct 1, 2026The Corn Dispute at the Heart of US–Mexico Agricultural Trade-1.2%
Nov 11, 2024Report: Mexico's GM Corn Restrictions Likely to Stay Despite U.S. Trade Dispute Win - Pro Farmer-1.2%
Sep 13, 2017U.S. requests WTO investigation of Chinese tariffs - Texas Farm Bureau+1.3%
Jun 24, 2023Mexico imposes 50% tariff on white corn imports amid trade dispute with U.S. and Canada | AP News-8.7%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

CORN · GP ▸

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