# Mexico's GM Corn Ban Is about More Than Biotech | Chicago Council on Global Affairs

> Mexico's Deputy Agriculture Minister Victor Suarez called the US request for USMCA trade consultations an unacceptable violation of Mexican law. He said the GM corn policy will not affect US corn farmers.

- Date: 2023-05-12 · published 2023-05-12T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/35912-mexico-s-gm-corn-ban-is-about-more-than-biotech-chicago-council-on-global
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The dispute stage sets up a possible trade panel that could lead to tariffs, a risk to US corn exports to Mexico. The story repeats a March consultation request already known to the market.

## 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 | 2023-05-31 | [Update on Mexico's GMO Corn Ban - AgWeb](https://feedsoft.ai/events/35907-update-on-mexico-s-gmo-corn-ban-agweb.md) | -1.8% | +0.1% |
| CORN | 2023-03-06 | [U.S. to Challenge Mexican Ban on Genetically Modified Corn](https://feedsoft.ai/events/36835-u-s-to-challenge-mexican-ban-on-genetically-modified-corn.md) | -1.2% | +1.1% |
| CORN | 2022-06-28 | [Mexico’s GM corn ban a lose-lose scenario, study confirms - Bio.News](https://feedsoft.ai/events/40928-mexico-s-gm-corn-ban-a-lose-lose-scenario-study-confirms-bio-news.md) | +4.0% | -16.7% |
| CORN | 2023-12-19 | [Mexico set to ban imports of genetically modified U.S. corn](https://feedsoft.ai/events/32692-mexico-set-to-ban-imports-of-genetically-modified-u-s-corn.md) | +1.6% | -1.9% |

## Sources

- globalaffairs.org: https://globalaffairs.org/commentary/blogs/mexicos-gm-corn-ban-about-more-biotech

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