# Mexico corn imports down 4% | World Grain

> USDA projects Mexico's 2022-23 corn imports will fall 4% to 17.4 million tonnes, after a January tariff on corn exports and a February decree restricting GM corn in tortillas. USDA expects imports to rise 3% in 2023-24, led by livestock and starch demand.

- Date: 2023-03-24 · published 2023-03-24T12:00:00.000Z
- Category: report · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/36837-mexico-corn-imports-down-4-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower Mexican imports this year trim demand for US corn, but the projected recovery in 2023-24 supports feed demand. The net effect on corn prices is modestly bearish.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-07-06 | [Chinese corn, wheat imports slip  \| World Grain](https://feedsoft.ai/events/45928-chinese-corn-wheat-imports-slip-world-grain.md) | -1.9% | -12.4% |
| CORN | 2019-07-23 | [Mexico’s corn output to be higher than estimated \| 2019-07-23  \| World Grain](https://feedsoft.ai/events/58065-mexico-s-corn-output-to-be-higher-than-estimated-2019-07-23-world-grain.md) | +0.9% | -10.8% |
| CORN | 2024-09-26 | [Mexico to Import Less U.S. Corn \| American Ag Network](https://feedsoft.ai/events/28276-mexico-to-import-less-u-s-corn-american-ag-network.md) | +2.5% | +0.4% |
| CORN | 2024-02-06 | [Ukraine grain exports on the rise \| World Grain](https://feedsoft.ai/events/14323-ukraine-grain-exports-on-the-rise-world-grain.md) | -1.7% | +0.3% |
| CORN | 2021-06-11 | [Grain market review: Coarse grains  \| World Grain](https://feedsoft.ai/events/46609-grain-market-review-coarse-grains-world-grain.md) | -6.1% | -4.6% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/18287-mexico-corn-imports-down-4

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