# Explainer: What is the US-Mexico GM corn dispute about? | Reuters

> Reuters explains the US-Mexico dispute over Mexico's GM corn decree. Mexico's 2020 decree would have banned GM corn in food and phased out glyphosate by January 2024. After US pressure, Mexico revised the decree in February to drop the deadline for animal feed and industrial corn, which make up most of its US imports.

- Date: 2023-03-08 · published 2023-03-08T12:00:00.000Z
- Category: policy · region US-Mexico · magnitude medium
- Page: https://feedsoft.ai/events/36831-explainer-what-is-the-us-mexico-gm-corn-dispute-about-reuters
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Mexico takes about 17 million tonnes of US corn a year, mostly for feed. Any move to restrict GM feed corn would threaten a major export outlet and weigh on US corn prices.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-01-11 | [What Does Mexico’s GM Corn Ban Mean for U.S. Producers? – The Van Trump Report](https://feedsoft.ai/events/49128-what-does-mexico-s-gm-corn-ban-mean-for-u-s-producers-the-van-trump-report.md) | +6.3% | +12.8% |
| CORN | 2023-02-14 | [Mexico’s President Issues New Decree Prohibiting GM Corn Amid Ongoing Dispute With US](https://feedsoft.ai/events/37300-mexico-s-president-issues-new-decree-prohibiting-gm-corn-amid-ongoing-dispute.md) | -0.8% | -5.8% |
| CORN | 2023-07-20 | [US Requests Mexico to Delay GM Corn Prohibition](https://feedsoft.ai/events/35021-us-requests-mexico-to-delay-gm-corn-prohibition.md) | +9.4% | -7.2% |
| CORN | 2022-06-07 | [Mexican trade dispute may dramatically impact U.S. corn growers](https://feedsoft.ai/events/40929-mexican-trade-dispute-may-dramatically-impact-u-s-corn-growers.md) | -0.2% | +2.1% |
| CORN | 2023-08-30 | [Mexico embeds GM corn ban in food regs as USMCA dispute intensifies \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/34542-mexico-embeds-gm-corn-ban-in-food-regs-as-usmca-dispute-intensifies-agri-pulse.md) | -0.0% | -8.2% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/what-is-us-mexico-gm-corn-dispute-about-2023-03-08/

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