# Exclusive - As Trump trashes NAFTA, Mexico turns to Brazilian corn

> Mexican buyers imported more than 583,000 metric tonnes of Brazilian corn in 2017, a 970 percent jump over 2016, according to Mexican government data. U.S. corn exports to Mexico also rose 6.6 percent in 2017, to about 14.7 million tonnes, as Mexico needed record imports to offset a drought-hit domestic crop.

- Date: 2018-02-22 · published 2018-02-22T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/66461-exclusive-as-trump-trashes-nafta-mexico-turns-to-brazilian-corn
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Brazilian corn is taking a growing share of Mexico's import needs, which may cap U.S. corn export gains if NAFTA tensions persist. Total Mexican demand remains strong, so the net price effect is modest.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-07-12 | [New project seeks to boost Brazilian corn meal exports - DatamarNews](https://feedsoft.ai/events/35033-new-project-seeks-to-boost-brazilian-corn-meal-exports-datamarnews.md) | -5.7% | -8.7% |
| CORN | 2017-04-18 | [Kansas Corn Growers Look to Mexico as Top Trade Partner - KS Corn](https://feedsoft.ai/events/71467-kansas-corn-growers-look-to-mexico-as-top-trade-partner-ks-corn.md) | -0.6% | +1.5% |
| CORN | 2024-11-21 | [China's nod to Brazilian sorghum may serve as test for US relations](https://feedsoft.ai/events/27463-china-s-nod-to-brazilian-sorghum-may-serve-as-test-for-us-relations.md) | -3.5% | +1.6% |
| CORN | 2018-08-27 | [U.S., Mexico reach NAFTA deal, turn up pressure on Canada](https://feedsoft.ai/events/63754-u-s-mexico-reach-nafta-deal-turn-up-pressure-on-canada.md) | +0.5% | +0.9% |
| CORN | 2022-05-31 | [Vilsack Gives Assurances on US Corn Exports to Mexico \| Hoosier Ag Today](https://feedsoft.ai/events/40927-vilsack-gives-assurances-on-us-corn-exports-to-mexico-hoosier-ag-today.md) | -0.8% | -2.6% |

## Sources

- reuters.com: https://www.reuters.com/article/world/uk/exclusive-as-trump-trashes-nafta-mexico-turns-to-brazilian-corn-idUSKCN1G61IU/

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