# Mexican grain buyers haven’t given up on the US … yet | 2017-10-25 | Agri-Pulse | Agri-Pulse Communications, Inc.

> Mexican grain importers have diversified some purchases to South America, including Brazilian corn, but most deliveries still come from the U.S. Industry groups say the main risk is potential market share loss if the U.S. withdraws from NAFTA and pre-NAFTA tariffs return.

- Date: 2017-10-25 · published 2017-10-25T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/68430-mexican-grain-buyers-haven-t-given-up-on-the-us-yet-2017-10-25-agri-pulse-agri
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Possible NAFTA withdrawal and snapback tariffs would make U.S. corn, soybeans and rice more expensive for Mexican buyers, a bearish risk for U.S. exports and prices if talks fail.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-17 | [Mexican argument that corn ban does no harm meets opposition \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/35911-mexican-argument-that-corn-ban-does-no-harm-meets-opposition-agri-pulse.md) | +2.4% | +0.5% |
| CORN | 2023-01-19 | [Taylor: US tells Mexico biotech corn restrictions won’t stand \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/37747-taylor-us-tells-mexico-biotech-corn-restrictions-won-t-stand-agri-pulse.md) | -1.6% | -1.2% |
| CORN | 2021-08-04 | [USTR pushing Mexico on biotech; still formulating China plan \| 2021-08-04  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/45530-ustr-pushing-mexico-on-biotech-still-formulating-china-plan-2021-08-04-agri.md) | -1.0% | -3.1% |
| CORN | 2019-10-02 | [It’s not just China: US growers face long-term challenges \| 2019-10-01  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/56550-it-s-not-just-china-us-growers-face-long-term-challenges-2019-10-01-agri-pulse.md) | +2.2% | -1.0% |
| CORN | 2023-11-29 | [US files missive against Mexico’s GE corn ban before dispute panel \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/33143-us-files-missive-against-mexico-s-ge-corn-ban-before-dispute-panel-agri-pulse.md) | +3.8% | +6.1% |
| SOY | 2021-08-04 | [USTR pushing Mexico on biotech; still formulating China plan \| 2021-08-04  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/45530-ustr-pushing-mexico-on-biotech-still-formulating-china-plan-2021-08-04-agri.md) | +4.0% | -6.7% |
| SOY | 2019-10-02 | [It’s not just China: US growers face long-term challenges \| 2019-10-01  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/56550-it-s-not-just-china-us-growers-face-long-term-challenges-2019-10-01-agri-pulse.md) | +0.1% | -0.1% |
| SOY | 2020-07-01 | [Cheers for USMCA, but ag concerns persist \| 2020-06-30  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52082-cheers-for-usmca-but-ag-concerns-persist-2020-06-30-agri-pulse-communications.md) | +1.2% | +0.8% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/10078-mexican-grain-buyers-havent-given-up-on-the-us-yet

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