# Mexico remains loyal US corn buyer with record haul despite dispute | Reuters

> Mexico has booked a record 15.3 million metric tons of U.S. corn for 2023-24 shipment as of January 18, about 20% above the previous high for that date two years ago. Mexico accounts for 47% of total U.S. corn export sales, well ahead of Japan at 14%. The buying continues despite the GM corn dispute between the two countries.

- Date: 2024-01-26 · published 2024-01-26T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/32083-mexico-remains-loyal-us-corn-buyer-with-record-haul-despite-dispute-reuters
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Record Mexican commitments support U.S. corn export demand and firm the basis, but the unresolved GM import dispute is a downside risk if Mexico enforces restrictions more broadly.

## Read by commodity

- CORN: bullish ▲
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-01-05 | [Borderlands Mexico: US wins multibillion-dollar corn dispute with Mexico - FreightWaves](https://feedsoft.ai/events/26475-borderlands-mexico-us-wins-multibillion-dollar-corn-dispute-with-mexico.md) | +4.1% | +5.3% |
| CORN | 2022-11-29 | [Mexico open to deal with U.S. on GMO corn as farmers demand clarity over ban \| Reuters](https://feedsoft.ai/events/38650-mexico-open-to-deal-with-u-s-on-gmo-corn-as-farmers-demand-clarity-over-ban.md) | -3.8% | +0.6% |
| CORN | 2025-08-06 | [Corn Growers Win Dispute with Mexico Over GM Corn Ban - Alliance Times-Herald](https://feedsoft.ai/events/23294-corn-growers-win-dispute-with-mexico-over-gm-corn-ban-alliance-times-herald.md) | -1.8% | +4.8% |
| CORN | 2025-02-26 | [After trade dispute, Mexico officially bans the planting of GM corn \| Reuters](https://feedsoft.ai/events/26004-after-trade-dispute-mexico-officially-bans-the-planting-of-gm-corn-reuters.md) | -6.0% | -0.4% |
| CORN | 2024-12-20 | [Corn farmers score major win in Mexico GMO corn dispute](https://feedsoft.ai/events/26964-corn-farmers-score-major-win-in-mexico-gmo-corn-dispute.md) | +1.5% | +6.9% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/mexico-remains-loyal-us-corn-buyer-with-record-haul-despite-dispute-2024-01-26/

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