# Mexico Sets Record as Top Buyer - 2017 Year in Review

> Mexico imported a record 547 million bushels of U.S. corn worth $2.5 billion in the 2016/17 marketing year, according to a U.S. Grains Council year-in-review. The council credited NAFTA trading terms and its long-term market development work in Mexico.

- Date: 2018-02-06 · published 2018-02-06T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/66462-mexico-sets-record-as-top-buyer-2017-year-in-review
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Mexico's record purchases underline the importance of NAFTA terms to U.S. corn demand, which supports prices if the trade framework is preserved. The piece reviews past results, so it adds little new price information.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-02-08 | [U.S. agriculture exports top $200 billion in 2022 as China grabs record share](https://feedsoft.ai/events/14862-u-s-agriculture-exports-top-200-billion-in-2022-as-china-grabs-record-share.md) | -0.3% | -4.2% |
| CORN | 2022-09-20 | [Brazil ethanol exports to Europe to hit 12-year record, as Europe margins crash](https://feedsoft.ai/events/39566-brazil-ethanol-exports-to-europe-to-hit-12-year-record-as-europe-margins-crash.md) | -2.5% | +2.4% |
| CORN | 2026-05-28 | [US, Mexico to review farm, food trade under USMCA June 16-17 \| S&P Global](https://feedsoft.ai/events/19207-us-mexico-to-review-farm-food-trade-under-usmca-june-16-17-s-and-p-global.md) | -3.5% | -6.6% |
| CORN | 2024-03-26 | [China 2024 grain imports seen near record high](https://feedsoft.ai/events/14766-china-2024-grain-imports-seen-near-record-high.md) | -4.6% | -5.0% |
| CORN | 2018-05-26 | [Grain market week in review - May 25, 2018](https://feedsoft.ai/events/12669-grain-market-week-in-review-may-25-2018.md) | -2.0% | -8.2% |

## Sources

- grains.org: https://grains.org/2017-annual-report/panels/mexico-sets-record-as-top-buyer/

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