# Mexico to make last-ditch effort to solve US corn dispute | AP News

> Mexico said it would make a final attempt to resolve the US corn dispute, citing health concerns over GM corn. The article notes that such a trade restriction could violate the USMCA free trade agreement. Mexico buys about $3 billion of US GM feed corn annually and is the largest single export market for US corn.

- Date: 2022-12-13 · published 2022-12-13T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/38231-mexico-to-make-last-ditch-effort-to-solve-us-corn-dispute-ap-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Mexico's purchases make it a key outlet for US corn, so a restriction would weigh on US corn export demand and prices. A resolution would reduce that risk.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-03-07 | [Mexico vows not to budge on US corn dispute \| AP News](https://feedsoft.ai/events/36836-mexico-vows-not-to-budge-on-us-corn-dispute-ap-news.md) | -2.1% | -0.5% |
| CORN | 2023-04-11 | [Mexico to probe GM corn impact on tortillas amid US trade dispute](https://feedsoft.ai/events/36380-mexico-to-probe-gm-corn-impact-on-tortillas-amid-us-trade-dispute.md) | +0.4% | +0.2% |
| 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 | 2023-01-24 | [Mexico, US still far apart over corn import ban \| AP News](https://feedsoft.ai/events/37744-mexico-us-still-far-apart-over-corn-import-ban-ap-news.md) | +1.2% | +1.1% |
| CORN | 2023-06-09 | [Canada joins US in trade dispute hearings against Mexico's proposed ban on GM corn \| AP News](https://feedsoft.ai/events/35481-canada-joins-us-in-trade-dispute-hearings-against-mexico-s-proposed-ban-on-gm.md) | +4.4% | -4.7% |

## Sources

- apnews.com: https://apnews.com/article/biden-business-mexico-city-general-motors-co-c0df384e0eb07a458ce78f9df28f1bf3

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