# Mexican Market Is Growing, But Will The U.S. Capture That Demand? - América Latina

> A joint U.S. Grains Council and National Corn Growers Association mission to Mexico found customers planning to diversify grain import sources during NAFTA renegotiation. Mexico remains the largest U.S. customer for corn, DDGS and malt, and the second largest for sorghum.

- Date: 2017-12-07 · published 2017-12-07T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/67439-mexican-market-is-growing-but-will-the-u-s-capture-that-demand-america-latina
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Diversification plans by Mexican buyers threaten a major outlet for U.S. corn, sorghum and DDGS, which could weigh on U.S. export demand. Growing Mexican protein and feed consumption still supports demand overall.

## Read by commodity

- CORN: neutral
- DDGS: neutral
- SORGHUM: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-08-31 | [Beef, Barley and Ethanol Teams From Mexico Explore U.S. Market Collaboration - América Latina](https://feedsoft.ai/events/69423-beef-barley-and-ethanol-teams-from-mexico-explore-u-s-market-collaboration.md) | +3.9% | +4.5% |
| CORN | 2021-10-28 | [What The Inverted Market Means if You’re Buying Argentina Soybean Right Now?](https://feedsoft.ai/events/44398-what-the-inverted-market-means-if-you-re-buying-argentina-soybean-right-now.md) | +4.1% | +7.6% |
| CORN | 2024-08-01 | [AgriMarketing.com - Ag Industry Experts Discuss The Latest In Mexico's Ban Of GM Corn](https://feedsoft.ai/events/28747-agrimarketing-com-ag-industry-experts-discuss-the-latest-in-mexico-s-ban-of-gm.md) | -0.1% | -3.8% |
| CORN | 2018-08-20 | [U.S. drops agriculture demand from NAFTA talks - Mexico farm lobby](https://feedsoft.ai/events/63512-u-s-drops-agriculture-demand-from-nafta-talks-mexico-farm-lobby.md) | -2.8% | -4.9% |
| CORN | 2018-02-06 | [Sorghum farmers are the first victims in growing trade dispute between China and the U.S.](https://feedsoft.ai/events/66555-sorghum-farmers-are-the-first-victims-in-growing-trade-dispute-between-china.md) | +1.3% | +3.3% |

## Sources

- grains.org: https://grains.org/ltamex/mexican-market-is-growing-but-will-the-u-s-capture-that-demand/

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