# Mexican buyers imported ten times more corn from Brazil | Ped ...

> Mexican buyers imported more than 583,000 metric tonnes of Brazilian corn in 2017, a 970% jump over 2016, according to SIAP data. All of the purchases came in the last four months of the year, after officials explored alternative supplies amid NAFTA uncertainty. Mexico is on track to buy more Brazilian corn in 2018.

- Date: 2018-03-19 · published 2018-03-19T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/65979-mexican-buyers-imported-ten-times-more-corn-from-brazil-ped
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Shifting Mexican corn demand toward Brazil reduces export sales for US corn, which is already weighed down by low prices and South American competition. The trend supports bearish US corn pricing.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-11-17 | [Mexican Grain Buyers Importing From South America - AgWeb](https://feedsoft.ai/events/50127-mexican-grain-buyers-importing-from-south-america-agweb.md) | +1.1% | +0.3% |
| CORN | 2022-08-12 | [China to Speed Corn Imports from Brazil Amid Ukraine War, US Tensions](https://feedsoft.ai/events/14907-china-to-speed-corn-imports-from-brazil-amid-ukraine-war-us-tensions.md) | -0.7% | -1.6% |
| 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% |
| CORN | 2023-12-19 | [Mexico set to ban imports of genetically modified U.S. corn](https://feedsoft.ai/events/32692-mexico-set-to-ban-imports-of-genetically-modified-u-s-corn.md) | +1.6% | -1.9% |

## Sources

- pedrazachb.com: https://pedrazachb.com/mexican-buyers-imported-ten-times-more-corn-from-brazil/

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