# Mexico Won't Drop U.S. as Supplier Because of NAFTA Anxiety - Perdue

> Agriculture Secretary Sonny Perdue said after two days of meetings with Mexican Agriculture Secretary Jose Calzada Rovirosa that Mexico has not signaled serious intent to shift corn and other farm imports away from the U.S. Mexico is the third-largest U.S. farm export market, forecast at $18.5 billion this year.

- Date: 2017-07-28 · published 2017-07-28T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/69912-mexico-won-t-drop-u-s-as-supplier-because-of-nafta-anxiety-perdue
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Reassurance that Mexico will keep buying U.S. corn and soybeans supports export demand and limits downside risk tied to NAFTA anxiety, though talks remain unresolved.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-02-02 | [Dollar lower after U.S. tariffs on Mexico paused for a month](https://feedsoft.ai/events/26268-dollar-lower-after-u-s-tariffs-on-mexico-paused-for-a-month.md) | +0.6% | -3.9% |
| CORN | 2020-10-29 | [Mexico inks record U.S. corn purchase after Mexican farmers warn of crop shortfall](https://feedsoft.ai/events/50624-mexico-inks-record-u-s-corn-purchase-after-mexican-farmers-warn-of-crop.md) | -0.2% | +8.5% |
| CORN | 2022-11-29 | [Mexico open to deal with U.S. on GMO corn as farmers demand clarity over ban \| Reuters](https://feedsoft.ai/events/38650-mexico-open-to-deal-with-u-s-on-gmo-corn-as-farmers-demand-clarity-over-ban.md) | -3.8% | +0.6% |
| CORN | 2021-10-20 | [The U.S. agriculture secretary says Mexico’s GMO ban won’t hurt corn exports \| KCUR - Kansas City news and NPR](https://feedsoft.ai/events/44530-the-u-s-agriculture-secretary-says-mexico-s-gmo-ban-won-t-hurt-corn-exports.md) | +1.6% | +10.0% |
| CORN | 2020-02-21 | [To meet goals, China will be 'ramping up' U.S. ag purchases, says Perdue](https://feedsoft.ai/events/54477-to-meet-goals-china-will-be-ramping-up-u-s-ag-purchases-says-perdue.md) | -3.1% | -5.1% |
| SOY | 2018-03-08 | [Technical Progress Made In Mexico During Seventh NAFTA Round - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/65980-technical-progress-made-in-mexico-during-seventh-nafta-round-u-s-grains-and.md) | -2.5% | -2.3% |
| SOY | 2020-02-04 | ['Tough year,' says Perdue as USDA boosts trade-war payments to $14.5 billion](https://feedsoft.ai/events/54578-tough-year-says-perdue-as-usda-boosts-trade-war-payments-to-14-5-billion.md) | +0.8% | +1.8% |
| SOY | 2018-09-20 | [As U.S.-China trade row grows, India urges China to drop meal import ban: sources](https://feedsoft.ai/events/63013-as-u-s-china-trade-row-grows-india-urges-china-to-drop-meal-import-ban-sources.md) | +2.4% | +6.7% |

## Sources

- agriculture.com: https://www.agriculture.com/news/business/mexico-wont-drop-us-as-supplier-because-of-nafta-anxiety-perdue

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