# Mexico says it aims for agreement with U.S. on GM corn in January | Reuters

> Mexico's foreign ministry said on Friday that it aims to reach an agreement with the United States in January over Mexico's planned ban on genetically modified corn imports. Talks would continue in the meantime toward a mutual understanding.

- Date: 2022-12-16 · published 2022-12-16T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/38226-mexico-says-it-aims-for-agreement-with-u-s-on-gm-corn-in-january-reuters
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Mexico imports about 17 million tonnes of US corn a year, so the outcome of the GM corn dispute directly affects US corn export demand. A deal that allows feed corn would limit downside for US corn prices.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-12-18 | [Mexico and U.S. Reach for January Agreement on GMO Corn Imports, as ERS Highlights Importance of Mexico's Corn Market - Farm Policy News](https://feedsoft.ai/events/38230-mexico-and-u-s-reach-for-january-agreement-on-gmo-corn-imports-as-ers.md) | +1.3% | +2.9% |
| CORN | 2023-08-25 | [Canada says will join as third party in US-Mexico dispute over GM corn imports \| Reuters](https://feedsoft.ai/events/34540-canada-says-will-join-as-third-party-in-us-mexico-dispute-over-gm-corn-imports.md) | -2.2% | -9.0% |
| 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 | 2023-02-14 | [U.S. 'disappointed' in Mexico's new GMO corn decree -ag secretary](https://feedsoft.ai/events/37294-u-s-disappointed-in-mexico-s-new-gmo-corn-decree-ag-secretary.md) | -0.8% | -5.8% |
| 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/world/americas/mexico-says-it-aims-agreement-with-us-gm-corn-january-2022-12-16/

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