# Mexico Reaches Corn Import Records Amid Government Restrictions

> USDA estimates Mexico's corn imports rose to a record 18 million tonnes in 2022-23 despite GMO restrictions and temporary 50% tariffs on white corn. USDA projects 18.2 million tonnes for 2023-24, and US white corn exports to Mexico fell about 75% from the prior average.

- Date: 2023-10-09 · published 2023-10-09T12:00:00.000Z
- Category: report · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/33594-mexico-reaches-corn-import-records-amid-government-restrictions
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record Mexican import demand supports US corn exports, though the USDA's projected increase is a modest bullish signal for corn; the tariff does not apply to US corn under USMCA.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-01-10 | [Mexican corn imports break record in 2021 - Opportimes](https://feedsoft.ai/events/43123-mexican-corn-imports-break-record-in-2021-opportimes.md) | +1.3% | +3.3% |
| CORN | 2023-06-23 | [Mexico to import more corn \| World Grain](https://feedsoft.ai/events/35484-mexico-to-import-more-corn-world-grain.md) | -8.6% | -15.1% |
| CORN | 2026-07-01 | [Mexico deepens dependence on imported corn](https://feedsoft.ai/events/18315-mexico-deepens-dependence-on-imported-corn.md) | +1.7% | +7.1% |
| CORN | 2022-06-28 | [Mexico corn imports seen higher in 2022-23 \| World Grain](https://feedsoft.ai/events/40930-mexico-corn-imports-seen-higher-in-2022-23-world-grain.md) | +4.0% | -16.7% |
| CORN | 2019-12-19 | [China Hog Production Seeing Slight Recovery Amid Measures](https://feedsoft.ai/events/55587-china-hog-production-seeing-slight-recovery-amid-measures.md) | +0.5% | +0.7% |

## Sources

- mexicobusiness.news: https://mexicobusiness.news/agribusiness/news/mexico-reaches-corn-import-records-amid-government-restrictions

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