# Trouble in Mexico’s Corn Market

> Mexico published a decree on December 31 requiring the phase-out of glyphosate and GMO corn for human consumption by January 31, 2024. The government has not released implementation details, and it is unclear whether livestock feed corn is covered. Mexico takes roughly 28-40 percent of Nebraska's corn exports.

- Date: 2021-03-08 · published 2021-03-08T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/48115-trouble-in-mexico-s-corn-market
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

If the ban were extended to feed corn, Mexico's large demand for U.S. corn, including DDGS-linked feed use, would shrink and pressure corn prices. Ambiguity keeps a risk premium on export demand.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-04-02 | [Mexico Ready to Play the Corn Card in Trade Talks](https://feedsoft.ai/events/71458-mexico-ready-to-play-the-corn-card-in-trade-talks.md) | -0.9% | +1.5% |
| CORN | 2023-07-27 | [Mexico: An Important Trade Destination for U.S. Corn](https://feedsoft.ai/events/35018-mexico-an-important-trade-destination-for-u-s-corn.md) | -13.2% | -14.2% |
| CORN | 2026-02-15 | [GMO Corn Imports Halt Sales of 500,000 Tons in Mexico](https://feedsoft.ai/events/20583-gmo-corn-imports-halt-sales-of-500-000-tons-in-mexico.md) | -0.8% | +4.3% |
| 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 | 2023-06-06 | [US takes next step in Mexico GM corn fight \| World Grain](https://feedsoft.ai/events/35485-us-takes-next-step-in-mexico-gm-corn-fight-world-grain.md) | +5.1% | -3.8% |

## Sources

- nefb.org: https://www.nefb.org/03/08/2021/trouble-in-mexico-s-corn-market/

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