# Revise GMO Corn Decree or Face U.S. Challenge, Vilsack Warns Mexico

> Agriculture Secretary Tom Vilsack said on December 15 that the Biden administration is ready to challenge Mexico under USMCA rules unless it revises a decree that would ban GM corn imports from 2024. Two dozen farm-state senators urged USTR Katherine Tai to pursue dispute resolution. They estimated the ban would shut down 83% of US corn sales to Mexico.

- Date: 2022-12-16 · published 2022-12-16T12:00:00.000Z
- Category: trade · region Mexico · magnitude high
- Page: https://feedsoft.ai/events/38232-revise-gmo-corn-decree-or-face-u-s-challenge-vilsack-warns-mexico
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

An 83% loss of US corn sales to Mexico would be a major demand shock for US corn exports. The threat of a formal trade challenge raises the risk of a prolonged dispute that could weigh on prices.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-12-07 | [Mexico to rework divisive decree on GM corn - minister](https://feedsoft.ai/events/38227-mexico-to-rework-divisive-decree-on-gm-corn-minister.md) | +1.6% | +3.5% |
| CORN | 2023-03-06 | [U.S. to Challenge Mexican Ban on Genetically Modified Corn](https://feedsoft.ai/events/36835-u-s-to-challenge-mexican-ban-on-genetically-modified-corn.md) | -1.2% | +1.1% |
| CORN | 2023-03-06 | [U.S. demands formal talks with Mexico over GMO corn dispute](https://feedsoft.ai/events/36834-u-s-demands-formal-talks-with-mexico-over-gmo-corn-dispute.md) | -1.2% | +1.1% |
| CORN | 2023-05-31 | [Update on Mexico's GMO Corn Ban - AgWeb](https://feedsoft.ai/events/35907-update-on-mexico-s-gmo-corn-ban-agweb.md) | -1.8% | +0.1% |
| CORN | 2023-01-23 | [U.S. raises 'grave concerns' over Mexico's anti-GMO farm policies](https://feedsoft.ai/events/37743-u-s-raises-grave-concerns-over-mexico-s-anti-gmo-farm-policies.md) | -0.4% | -0.6% |

## Sources

- agriculture.com: https://www.agriculture.com/news/business/revise-gmo-corn-decree-or-face-us-challenge-vilsack-warns-mexico

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