# U.S. 'disappointed' in Mexico's new GMO corn decree -ag secretary

> The US agriculture secretary said Washington was disappointed with Mexico's revised GM corn decree. Mexico buys about 17 million tonnes of mostly GM yellow corn from the US each year, mainly for animal feed.

- Date: 2023-02-14 · published 2023-02-14T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/37294-u-s-disappointed-in-mexico-s-new-gmo-corn-decree-ag-secretary
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The disappointment signals continued trade friction that could lead to a USMCA dispute, a risk to US corn export demand. Feed-corn imports are protected for now, which limits the immediate price impact.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-02-14 | [US Ag Chief Vilsack ‘Disappointed’ in Mexico GMO Corn Decree - Bloomberg](https://feedsoft.ai/events/37295-us-ag-chief-vilsack-disappointed-in-mexico-gmo-corn-decree-bloomberg.md) | -0.8% | -5.8% |
| CORN | 2024-10-14 | [Mexico buyers still interested in GM-white corn - Brownfield Ag News](https://feedsoft.ai/events/27822-mexico-buyers-still-interested-in-gm-white-corn-brownfield-ag-news.md) | -1.8% | +1.8% |
| CORN | 2024-08-19 | [US Flails in GM Corn Dispute with Mexico \| Inter Press Service](https://feedsoft.ai/events/28743-us-flails-in-gm-corn-dispute-with-mexico-inter-press-service.md) | -0.7% | +4.1% |
| CORN | 2022-12-16 | [Mexico offers new alterations to decree banning GM corn \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/38229-mexico-offers-new-alterations-to-decree-banning-gm-corn-agri-pulse.md) | +0.7% | +3.0% |
| CORN | 2024-03-11 | [Mexico Challenges US Claims in GM Corn Dispute](https://feedsoft.ai/events/31181-mexico-challenges-us-claims-in-gm-corn-dispute.md) | +1.7% | -4.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/us-disappointed-mexicos-new-gmo-corn-decree-ag-secretary-2023-02-14/

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