# Presidential election in Mexico could change corn policy, says Vilsack

> US Agriculture Secretary Tom Vilsack said Mexico might review and potentially remove its ban on GM white corn imports after its June 2024 presidential election. He said he met his Mexican counterpart to urge a science-based approach. A USMCA panel decision is not expected for months.

- Date: 2023-12-11 · published 2023-12-11T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/32696-presidential-election-in-mexico-could-change-corn-policy-says-vilsack
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A possible policy reversal after the election would support future US white corn export demand, but the timeline is uncertain and the near-term impact on prices is limited.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-02-14 | [US Ag Chief Vilsack ‘Disappointed’ in Mexico GMO Corn Decree - Bloomberg](https://feedsoft.ai/events/37295-us-ag-chief-vilsack-disappointed-in-mexico-gmo-corn-decree-bloomberg.md) | -0.8% | -5.8% |
| CORN | 2022-10-28 | [Vilsack 'confident' in US corn exports to Mexico despite reported expansion of biotech ban \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/39107-vilsack-confident-in-us-corn-exports-to-mexico-despite-reported-expansion-of.md) | -2.5% | -2.0% |
| CORN | 2017-02-17 | [Bunge CEO Says US Corn Still a Better Deal for Mexico](https://feedsoft.ai/events/72529-bunge-ceo-says-us-corn-still-a-better-deal-for-mexico.md) | -0.4% | -0.2% |
| CORN | 2024-08-19 | [US Flails in GM Corn Dispute with Mexico \| Inter Press Service](https://feedsoft.ai/events/28743-us-flails-in-gm-corn-dispute-with-mexico-inter-press-service.md) | -0.7% | +4.1% |
| CORN | 2022-05-31 | [Vilsack Gives Assurances on US Corn Exports to Mexico \| Hoosier Ag Today](https://feedsoft.ai/events/40927-vilsack-gives-assurances-on-us-corn-exports-to-mexico-hoosier-ag-today.md) | -0.8% | -2.6% |

## Sources

- agriculture.com: https://www.agriculture.com/presidential-election-in-mexico-could-change-corn-policy-says-vilsack-8414039?did=11290692-20231211&hid=3c0545dd1a819ca74fc0f935afb4da17b0035420&lctg=3c0545dd1a819ca74fc0f935afb4da17b0035420

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