# As Mexico Continues to Look at GM Corn Ban, Here’s Some Reactions to Keep in Mind - Seed World

> Mexico says the GM white corn restriction will not harm US farmers, but US farm groups say the threat is real and damages are already occurring. An Illinois grower reports white corn premiums down 63% since the February 13 decree.

- Date: 2023-05-16 · published 2023-05-16T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/35910-as-mexico-continues-to-look-at-gm-corn-ban-here-s-some-reactions-to-keep-in
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower white corn premiums and reduced demand for US GM white corn signal weaker export demand. The impact is concentrated in white corn, a narrower segment than yellow corn.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-04-11 | [Mexico to study imported GM corn impact on tortillas \| World Grain](https://feedsoft.ai/events/36382-mexico-to-study-imported-gm-corn-impact-on-tortillas-world-grain.md) | +0.4% | +0.2% |
| CORN | 2023-03-31 | [Mexico plans to ban all GMO corn. Now a key deadline looms as the U.S. pushes back](https://feedsoft.ai/events/36838-mexico-plans-to-ban-all-gmo-corn-now-a-key-deadline-looms-as-the-u-s-pushes-back.md) | -1.2% | -2.1% |
| CORN | 2024-09-02 | [Spain: The fall in cereal prices at the León market continues, conditioned by the world market](https://feedsoft.ai/events/28379-spain-the-fall-in-cereal-prices-at-the-leon-market-continues-conditioned-by-the.md) | +1.2% | +5.1% |
| CORN | 2023-06-06 | [US takes next step in Mexico GM corn fight \| World Grain](https://feedsoft.ai/events/35485-us-takes-next-step-in-mexico-gm-corn-fight-world-grain.md) | +5.1% | -3.8% |
| CORN | 2023-04-03 | [Mexico plans to ban all GMO corn. Now a key deadline looms as the U.S. pushes back \| KOSU](https://feedsoft.ai/events/36384-mexico-plans-to-ban-all-gmo-corn-now-a-key-deadline-looms-as-the-u-s-pushes.md) | -1.6% | -4.0% |

## Sources

- seedworld.com: https://www.seedworld.com/us/2023/05/16/as-mexico-continues-to-look-at-gm-corn-ban-heres-some-reactions-to-keep-in-mind-2/

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