# Mexico and U.S. Reach for January Agreement on GMO Corn Imports, as ERS Highlights Importance of Mexico's Corn Market - Farm Policy News

> Mexico's foreign ministry and US officials aim to reach a January agreement on Mexico's planned ban on GM corn and glyphosate, which is due in 2024. US officials have threatened action under the USMCA. The USDA Economic Research Service noted that Mexico took 27% of US corn exports in 2021/22.

- Date: 2022-12-18 · published 2022-12-18T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/38230-mexico-and-u-s-reach-for-january-agreement-on-gmo-corn-imports-as-ers
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Mexico is the largest destination for US corn exports, so the dispute is a material risk to US corn demand. Market attention on the January deadline may add volatility to US corn futures.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-12-16 | [Mexico says it aims for agreement with U.S. on GM corn in January \| Reuters](https://feedsoft.ai/events/38226-mexico-says-it-aims-for-agreement-with-u-s-on-gm-corn-in-january-reuters.md) | +0.7% | +3.0% |
| CORN | 2023-10-02 | [Mexico stands firm in face of U.S. imperialist pressure on GMO corn - The Non-GMO Report \| Non-GMO News, Farming & Supply Chain](https://feedsoft.ai/events/33595-mexico-stands-firm-in-face-of-u-s-imperialist-pressure-on-gmo-corn-the-non-gmo.md) | +2.7% | +2.6% |
| CORN | 2023-06-24 | [Mexico imposes 50% tariff on white corn imports amid trade dispute with U.S. and Canada \| AP News](https://feedsoft.ai/events/35482-mexico-imposes-50-tariff-on-white-corn-imports-amid-trade-dispute-with-u-s-and.md) | -8.7% | -0.3% |
| CORN | 2024-02-14 | [Hearing set for late June on U.S.-Mexico corn dispute - Texas Farm Bureau](https://feedsoft.ai/events/31646-hearing-set-for-late-june-on-u-s-mexico-corn-dispute-texas-farm-bureau.md) | +0.5% | +3.9% |
| CORN | 2025-10-29 | [Comments to USTR on the Review of the U.S.-Mexico Canada Agreement (USMCA) - Public Citizen](https://feedsoft.ai/events/22352-comments-to-ustr-on-the-review-of-the-u-s-mexico-canada-agreement-usmca-public.md) | -0.2% | +0.8% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2022/12/mexico-and-u-s-reach-for-january-agreement-on-gmo-corn-imports-as-ers-highlights-importance-of-mexicos-corn-market/

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