# U.S. demands formal talks with Mexico over GMO corn dispute

> US officials said the dispute puts about $5 billion of US corn exports to Mexico at risk. The US has requested formal talks with Mexico over its GMO corn restrictions. USTR data show the US exported $28 billion in agricultural goods to Mexico in 2022.

- Date: 2023-03-06 · published 2023-03-06T12:00:00.000Z
- Category: trade · region US-Mexico · magnitude medium
- Page: https://feedsoft.ai/events/36834-u-s-demands-formal-talks-with-mexico-over-gmo-corn-dispute
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Roughly $5 billion in annual corn exports is at risk. A breakdown in talks would pressure US corn prices, since Mexico is the largest outlet for US corn.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-04-12 | [USTR faces option of dispute with Mexico over GM white corn \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/36383-ustr-faces-option-of-dispute-with-mexico-over-gm-white-corn-agri-pulse.md) | +0.7% | -0.9% |
| CORN | 2023-04-20 | [National Corn Growers want a formal dispute on Mexico's corn ban - Brownfield Ag News](https://feedsoft.ai/events/36385-national-corn-growers-want-a-formal-dispute-on-mexico-s-corn-ban-brownfield-ag.md) | -1.0% | -9.9% |
| CORN | 2023-08-24 | [U.S.-Mexico GMO Corn Dispute Could Endanger the USMCA \| News \| Haynes Boone](https://feedsoft.ai/events/34539-u-s-mexico-gmo-corn-dispute-could-endanger-the-usmca-news-haynes-boone.md) | -2.8% | -8.9% |
| CORN | 2022-11-29 | [U.S. threatens legal steps over Mexico's planned GMO corn ban](https://feedsoft.ai/events/38654-u-s-threatens-legal-steps-over-mexico-s-planned-gmo-corn-ban.md) | -3.8% | +0.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/us-ask-mexico-formal-talks-over-gmo-corn-dispute-bbg-2023-03-06/

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