# WHAT THEY ARE SAYING: USTR Announces USMCA Technical Consultations with Mexico on Agricultural Biotechnology | United States Trade Representative

> The USTR requested formal technical consultations with Mexico under the USMCA sanitary and phytosanitary chapter over Mexican measures on agricultural biotechnology. Members of Congress from both parties backed the move.

- Date: 2023-03-06 · published 2023-03-06T12:00:00.000Z
- Category: trade · region US-Mexico · magnitude medium
- Page: https://feedsoft.ai/events/36833-what-they-are-saying-ustr-announces-usmca-technical-consultations-with-mexico
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Formal USMCA consultations are a step toward a trade dispute over Mexico's biotech corn restrictions. That raises the risk to US corn exports to Mexico, the largest outlet for US corn.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| CORN | 2023-08-17 | [United States Establishes USMCA Dispute Panel on Mexico’s Agricultural Biotechnology Measures \| United States Trade Representative](https://feedsoft.ai/events/34536-united-states-establishes-usmca-dispute-panel-on-mexico-s-agricultural.md) | +1.2% | -1.4% |
| CORN | 2023-06-02 | [United States Requests USMCA Dispute Settlement Consultations on Mexico’s Agricultural Biotechnology Measures \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/35480-united-states-requests-usmca-dispute-settlement-consultations-on-mexico-s.md) | -1.5% | -3.9% |
| CORN | 2021-11-17 | [Mexico Measures on Agricultural Biotechnology Letter \| mobio.org](https://feedsoft.ai/events/44038-mexico-measures-on-agricultural-biotechnology-letter-mobio-org.md) | +1.0% | +3.9% |
| CORN | 2023-01-19 | [Taylor: US tells Mexico biotech corn restrictions won’t stand \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/37747-taylor-us-tells-mexico-biotech-corn-restrictions-won-t-stand-agri-pulse.md) | -1.6% | -1.2% |

## Sources

- ustr.gov: https://ustr.gov/about-us/policy-offices/press-office/press-releases/2023/march/what-they-are-saying-ustr-announces-usmca-technical-consultations-mexico-agricultural-biotechnology

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