# Mexican GMO corn phase-out a concern for US farmers - Brownfield Ag News

> Mexico decreed on December 31 that genetically modified corn grain will be phased out of human consumption by January 31, 2024, and that glyphosate use will also be phased out. US corn farmers are concerned that US corn exports to Mexico could take a major hit. The US Grains Council says it is still unclear whether the ban covers corn used for livestock feed.

- Date: 2021-01-20 · published 2021-01-20T12:00:00.000Z
- Category: policy · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/49125-mexican-gmo-corn-phase-out-a-concern-for-us-farmers-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Mexico is the largest buyer of US corn and most of its imports are GMO, so any restriction that reaches feed corn would cut US export demand and pressure CORN prices lower. The unresolved scope keeps a risk premium in the market until officials clarify it.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| CORN | 2020-12-15 | [Mexico proposes ban on glyphosate and GE corn - Brownfield Ag News](https://feedsoft.ai/events/49604-mexico-proposes-ban-on-glyphosate-and-ge-corn-brownfield-ag-news.md) | -1.7% | +15.6% |
| CORN | 2021-01-26 | [Mexico plans to phase out GMO corn by 2024 - Texas Farm Bureau](https://feedsoft.ai/events/49130-mexico-plans-to-phase-out-gmo-corn-by-2024-texas-farm-bureau.md) | +5.1% | +1.5% |
| CORN | 2022-03-22 | [Iowa Ag Secretary focused on GM corn ban during recent trade mission to Mexico - Brownfield Ag News](https://feedsoft.ai/events/42276-iowa-ag-secretary-focused-on-gm-corn-ban-during-recent-trade-mission-to-mexico.md) | +2.8% | +8.6% |
| CORN | 2022-08-18 | [USTR addresses fertilizer tariffs, GMO corn ban during Iowa visit - Brownfield Ag News](https://feedsoft.ai/events/40009-ustr-addresses-fertilizer-tariffs-gmo-corn-ban-during-iowa-visit-brownfield-ag.md) | +0.4% | +3.4% |

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/news/mexican-gmo-corn-phase-out-a-concern-for-us-farmers/

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