# Mexican Grain Buyers Importing From South America - AgWeb

> Mexican feed mills and elevators are increasingly importing corn from South America, arriving by sea rather than by rail from the US. Grupo Gramosa in Queretaro still receives about five or six trains a month of mostly US yellow corn, with about 60,000 tonnes per train. Executives also expressed doubts about the US push to renegotiate NAFTA.

- Date: 2020-11-17 · published 2020-11-17T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/50127-mexican-grain-buyers-importing-from-south-america-agweb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Growing use of South American corn in Mexico would reduce demand for US corn over time, which is bearish for US export prices. The shift is still small compared with rail volumes from the US.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-03-27 | [Mexico considers granting duty-free access to South American corn - Brownfield Ag News](https://feedsoft.ai/events/71977-mexico-considers-granting-duty-free-access-to-south-american-corn-brownfield-ag.md) | +1.6% | +1.0% |
| CORN | 2018-03-19 | [Mexican buyers imported ten times more corn from Brazil \| Ped ...](https://feedsoft.ai/events/65979-mexican-buyers-imported-ten-times-more-corn-from-brazil-ped.md) | -1.2% | +2.7% |
| CORN | 2021-07-19 | [US revives WTO grain import quota case as China lags behind in commitments to buy American farm goods \| South China Morning Post](https://feedsoft.ai/events/45922-us-revives-wto-grain-import-quota-case-as-china-lags-behind-in-commitments-to.md) | -1.1% | +0.0% |
| CORN | 2017-03-28 | [U.S. Farmers Fear Shift in Mexican Corn Imports – Food Tank](https://feedsoft.ai/events/71978-u-s-farmers-fear-shift-in-mexican-corn-imports-food-tank.md) | +1.9% | +1.8% |
| CORN | 2024-10-28 | [Survey Assesses Mexican Consumers’ Opinions on GMO Corn Import Ban](https://feedsoft.ai/events/27817-survey-assesses-mexican-consumers-opinions-on-gmo-corn-import-ban.md) | -0.3% | +0.9% |

## Sources

- agweb.com: https://www.agweb.com/news/crops/corn/mexican-grain-buyers-importing-south-america

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