# U.S. trade consultations on Mexico's GMO corn rule 'unacceptable violation' of law -Mexican official

> U.S. trade consultations with Mexico over its GMO corn rule have been called an unacceptable violation of law by a Mexican official. Mexico kept its plan to prohibit GMO corn for human consumption, including flour, dough and tortillas, while dropping a full ban that covered animal feed and industrial use.

- Date: 2023-04-27 · published 2023-04-27T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/36379-u-s-trade-consultations-on-mexico-s-gmo-corn-rule-unacceptable-violation-of-law
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The retained restriction on food-use GMO corn keeps a meaningful share of U.S. white corn export demand at risk, which is mildly bearish for U.S. corn prices.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-01 | [Mexico: US Trade Consultation Request 'Violates Mexican Law' \| Hoosier Ag Today](https://feedsoft.ai/events/35913-mexico-us-trade-consultation-request-violates-mexican-law-hoosier-ag-today.md) | +0.3% | -1.8% |
| CORN | 2021-06-24 | [U.S. accuses Mexico of violating trade deal \| The Western Producer](https://feedsoft.ai/events/46587-u-s-accuses-mexico-of-violating-trade-deal-the-western-producer.md) | +4.6% | -5.8% |
| 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 | 2023-07-27 | [Mexico: An Important Trade Destination for U.S. Corn](https://feedsoft.ai/events/35018-mexico-an-important-trade-destination-for-u-s-corn.md) | -13.2% | -14.2% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/us-trade-consultations-mexicos-gmo-corn-rule-unacceptable-violation-law-mexican-2023-04-27/

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