# Canada joins US in trade dispute hearings against Mexico's proposed ban on GM corn | AP News

> Canada has joined the US in trade dispute hearings against Mexico's proposed ban on GM corn. US farmers are concerned about losing Mexico, which has been buying about $3 billion of US feed corn annually.

- Date: 2023-06-09 · published 2023-06-09T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/35481-canada-joins-us-in-trade-dispute-hearings-against-mexico-s-proposed-ban-on-gm
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A united North American challenge raises the pressure on Mexico to back down, but a ban would still remove a major source of US corn demand. The outcome will affect the export outlook for corn.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-06-01 | [Impacts of Mexico’s Proposed GMO Ban for US and Global Corn Trade](https://feedsoft.ai/events/30210-impacts-of-mexico-s-proposed-gmo-ban-for-us-and-global-corn-trade.md) | -1.6% | -6.0% |
| CORN | 2023-04-11 | [Mexico to probe GM corn impact on tortillas amid US trade dispute](https://feedsoft.ai/events/36380-mexico-to-probe-gm-corn-impact-on-tortillas-amid-us-trade-dispute.md) | +0.4% | +0.2% |
| CORN | 2023-03-07 | [Mexico vows not to budge on US corn dispute \| AP News](https://feedsoft.ai/events/36836-mexico-vows-not-to-budge-on-us-corn-dispute-ap-news.md) | -2.1% | -0.5% |
| CORN | 2023-11-29 | [US files missive against Mexico’s GE corn ban before dispute panel \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/33143-us-files-missive-against-mexico-s-ge-corn-ban-before-dispute-panel-agri-pulse.md) | +3.8% | +6.1% |
| CORN | 2022-12-13 | [Mexico to make last-ditch effort to solve US corn dispute \| AP News](https://feedsoft.ai/events/38231-mexico-to-make-last-ditch-effort-to-solve-us-corn-dispute-ap-news.md) | +0.6% | +2.3% |

## Sources

- apnews.com: https://apnews.com/article/mexico-us-canada-gmo-corn-usmca-trade-0132baa2f950dacdde7de41a611bcb58

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