# Mexican president moves to prioritize domestic corn for tortillas

> Mexico's president is moving to prioritize domestic corn for tortilla production. Mexico imports about $5 billion of US corn each year, mostly GM yellow corn used for feed and industrial purposes. The country is also in a trade dispute with the US over GM corn.

- Date: 2023-06-19 · published 2023-06-19T12:00:00.000Z
- Category: policy · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/35483-mexican-president-moves-to-prioritize-domestic-corn-for-tortillas
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A policy shift toward domestic white corn could reduce Mexico's import needs over time, although feed corn demand is less affected. Feed buyers should watch whether the policy expands to yellow corn.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-02-24 | [Mexico to Ban Glyphosate, GM Corn Presidential Decree Comes Despite Intense Pressure from Industry, U.S. Authorities \| Inter Press Service](https://feedsoft.ai/events/48619-mexico-to-ban-glyphosate-gm-corn-presidential-decree-comes-despite-intense.md) | +0.7% | +5.4% |
| CORN | 2024-09-26 | [Why does Mexico prohibit transgenic corn? - Opportimes](https://feedsoft.ai/events/28277-why-does-mexico-prohibit-transgenic-corn-opportimes.md) | +2.5% | +0.4% |
| CORN | 2018-05-16 | [Can Mexico Produce Its Own Food? President López Obrador Thinks So](https://feedsoft.ai/events/65009-can-mexico-produce-its-own-food-president-lopez-obrador-thinks-so.md) | +0.3% | -4.4% |
| CORN | 2024-11-14 | [Mexico's Sheinbaum to present constitutional safeguard for non-GMO corn in coming days](https://feedsoft.ai/events/27396-mexico-s-sheinbaum-to-present-constitutional-safeguard-for-non-gmo-corn-in.md) | +0.2% | +0.4% |
| CORN | 2023-07-03 | [Mexico's ban on tortillas made using GMO corn is an argument that can be tasted : NPR](https://feedsoft.ai/events/35024-mexico-s-ban-on-tortillas-made-using-gmo-corn-is-an-argument-that-can-be-tasted.md) | +1.4% | -5.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/mexico-president-sign-agreement-with-tortilla-makers-promoting-non-gmo-white-2023-06-19/

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