# Mexicans work to reclaim corn as their own | Querétaro: Promise of prosperity for Mexico

> Mexican corn farmers say cheap U.S. grain imports under NAFTA have squeezed their margins, forcing one farmer to cut his operation from 150 acres to 30. Uncertainty over U.S.-Mexico trade talks has prompted a legislative response in Mexico's Congress.

- Date: 2017-10-12 · published 2017-10-12T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/68429-mexicans-work-to-reclaim-corn-as-their-own-queretaro-promise-of-prosperity-for
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Mexico is a major buyer of U.S. corn, so a NAFTA breakdown could reduce export demand and pressure corn prices, though this feature mainly describes longer-term conditions.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-10-08 | [Mexico quietly rejects application for GMO corn imports - Pro Farmer](https://feedsoft.ai/events/44534-mexico-quietly-rejects-application-for-gmo-corn-imports-pro-farmer.md) | -2.4% | +6.0% |
| CORN | 2019-05-31 | [Mexican Tariffs Pose Threat for Texas Corn Farmers - Texas Corn Producers](https://feedsoft.ai/events/59072-mexican-tariffs-pose-threat-for-texas-corn-farmers-texas-corn-producers.md) | -2.5% | +3.0% |
| CORN | 2024-03-07 | [Mexico waiting on US proof that GM corn safe for its people, deputy ag minister says \| Reuters](https://feedsoft.ai/events/31177-mexico-waiting-on-us-proof-that-gm-corn-safe-for-its-people-deputy-ag-minister.md) | +1.4% | -1.8% |
| CORN | 2024-06-01 | [Impacts of Mexico’s Proposed GMO Ban for US and Global Corn Trade](https://feedsoft.ai/events/30210-impacts-of-mexico-s-proposed-gmo-ban-for-us-and-global-corn-trade.md) | -1.6% | -6.0% |
| CORN | 2020-06-03 | [Mexico is ready to retaliate to injure American corn farmers](https://feedsoft.ai/events/52568-mexico-is-ready-to-retaliate-to-injure-american-corn-farmers.md) | +0.9% | +3.2% |

## Sources

- cronkitenews.azpbs.org: https://cronkitenews.azpbs.org/buffett/mexico/corn/

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