# Mexico's planned GM corn ban 'deep concern' for US

> US Agriculture Secretary Tom Vilsack warned Mexico's president that the US would be forced to take legal action if no acceptable resolution was found on the GM corn ban. Mexico's president said the same day he would seek a deal with the US. The planned ban would take effect in January 2024.

- Date: 2022-11-29 · published 2022-11-29T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/38655-mexico-s-planned-gm-corn-ban-deep-concern-for-us
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The combination of a legal threat and a signal of negotiations keeps the outcome for U.S. yellow corn exports to Mexico uncertain. A deal would support corn demand, while a dispute would cut into an important export outlet.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-02-17 | [Bunge CEO Says US Corn Still a Better Deal for Mexico](https://feedsoft.ai/events/72529-bunge-ceo-says-us-corn-still-a-better-deal-for-mexico.md) | -0.4% | -0.2% |
| 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 | 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% |
| CORN | 2024-02-20 | [United States Keeps Challenging Mexico's Corn Import Ban](https://feedsoft.ai/events/31647-united-states-keeps-challenging-mexico-s-corn-import-ban.md) | -2.7% | +4.7% |
| 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% |

## Sources

- bbc.com: https://www.bbc.com/news/world-latin-america-63793651

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