# Mexico’s GM corn ban would hit U.S. hard | The Western Producer

> Mexico announced a ban on genetically modified corn imports by 2024, and officials confirmed in January that it covers feed corn as well as food corn. The U.S. typically ships about 15 million tonnes of corn to Mexico annually, worth roughly US$2.7 billion.

- Date: 2021-02-04 · published 2021-02-04T12:00:00.000Z
- Category: policy · region Mexico · magnitude high
- Page: https://feedsoft.ai/events/48617-mexico-s-gm-corn-ban-would-hit-u-s-hard-the-western-producer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Losing Mexico, the top U.S. corn export market and mainly a feed buyer, would weigh on U.S. corn export demand and prices unless other buyers absorb the volume.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-01-11 | [What Does Mexico’s GM Corn Ban Mean for U.S. Producers? – The Van Trump Report](https://feedsoft.ai/events/49128-what-does-mexico-s-gm-corn-ban-mean-for-u-s-producers-the-van-trump-report.md) | +6.3% | +12.8% |
| CORN | 2022-09-09 | [Near breaking point on Mexico’s GM corn ban](https://feedsoft.ai/events/39582-near-breaking-point-on-mexico-s-gm-corn-ban.md) | +1.1% | -0.1% |
| CORN | 2022-08-26 | [Uncertainty surrounds Mexico’s decree banning GM corn \| World Grain](https://feedsoft.ai/events/40006-uncertainty-surrounds-mexico-s-decree-banning-gm-corn-world-grain.md) | +0.5% | +2.0% |
| CORN | 2022-09-26 | [U.S. farmers urge Washington to challenge Mexico's looming ban on GM corn](https://feedsoft.ai/events/39578-u-s-farmers-urge-washington-to-challenge-mexico-s-looming-ban-on-gm-corn.md) | -1.4% | +2.6% |
| CORN | 2023-07-20 | [Mexico continues to amend proposed GM corn ban - Brownfield Ag News](https://feedsoft.ai/events/35020-mexico-continues-to-amend-proposed-gm-corn-ban-brownfield-ag-news.md) | +9.4% | -7.2% |

## Sources

- producer.com: https://www.producer.com/markets/mexicos-gm-corn-ban-would-hit-u-s-hard/

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