# Mexico: US Trade Consultation Request 'Violates Mexican Law' | Hoosier Ag Today

> The US requested trade consultations in March over Mexico's plan to limit genetically modified products. A senior Mexican official called the request an unacceptable violation of Mexican law.

- Date: 2023-05-01 · published 2023-05-01T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/35913-mexico-us-trade-consultation-request-violates-mexican-law-hoosier-ag-today
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Restrictions on GM imports threaten a major US corn export market, which weighs on US corn prices if the dispute escalates.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-04-27 | [U.S. trade consultations on Mexico's GMO corn rule 'unacceptable violation' of law -Mexican official](https://feedsoft.ai/events/36379-u-s-trade-consultations-on-mexico-s-gmo-corn-rule-unacceptable-violation-of-law.md) | -0.9% | -4.0% |
| CORN | 2023-08-17 | [US escalates Mexico corn trade spat with dispute panel request](https://feedsoft.ai/events/34537-us-escalates-mexico-corn-trade-spat-with-dispute-panel-request.md) | +1.2% | -1.4% |
| CORN | 2023-06-02 | [Mexico to fight US dispute over GM corn after formal consultations fail \| Reuters](https://feedsoft.ai/events/35478-mexico-to-fight-us-dispute-over-gm-corn-after-formal-consultations-fail-reuters.md) | -1.5% | -3.9% |
| CORN | 2017-04-04 | [US grain farmers go to Mexico to assure buyers vexed by trade relation](https://feedsoft.ai/events/71459-us-grain-farmers-go-to-mexico-to-assure-buyers-vexed-by-trade-relation.md) | -0.2% | +0.2% |
| CORN | 2023-06-09 | [WHAT THEY ARE SAYING: U.S. Requests USMCA Dispute Settlement Consultations on Mexico’s Agricultural Biotechnology Measures \| United States Trade Representative](https://feedsoft.ai/events/35479-what-they-are-saying-u-s-requests-usmca-dispute-settlement-consultations-on.md) | +4.4% | -4.7% |

## Sources

- hoosieragtoday.com: https://www.hoosieragtoday.com/2023/04/30/mexico-us-trade-consultation-request-violates-mexican-law/

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