# Japan Edges Mexico for No. 1 Spot as U.S. Corn Buyer

> Japan has overtaken Mexico as the top buyer of U.S. corn in 2017, with Japanese purchases reaching $1.19 billion, according to USDA data cited by Bloomberg. Sales to Mexico fell 7% to $1.04 billion through May as Mexico lines up alternative suppliers amid NAFTA renegotiation tensions.

- Date: 2017-07-07 · published 2017-07-07T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/69913-japan-edges-mexico-for-no-1-spot-as-u-s-corn-buyer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Shifting export destinations and Mexico's search for South American corn suggest weaker demand from a key market, a mildly bearish factor for U.S. corn unless Japanese buying offsets it.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-11-09 | [Mexico not buying U.S. yellow corn as GM ban looms, Lopez Obrador says \| Reuters](https://feedsoft.ai/events/38652-mexico-not-buying-u-s-yellow-corn-as-gm-ban-looms-lopez-obrador-says-reuters.md) | +1.6% | -5.7% |
| CORN | 2023-07-27 | [Mexico: An Important Trade Destination for U.S. Corn](https://feedsoft.ai/events/35018-mexico-an-important-trade-destination-for-u-s-corn.md) | -13.2% | -14.2% |
| CORN | 2023-10-02 | [U.S., Mexico talk tech as corn fight flares up   - POLITICO](https://feedsoft.ai/events/33592-u-s-mexico-talk-tech-as-corn-fight-flares-up-politico.md) | +2.7% | +2.6% |
| CORN | 2023-01-24 | [Mexico, US still far apart over corn import ban \| AP News](https://feedsoft.ai/events/37744-mexico-us-still-far-apart-over-corn-import-ban-ap-news.md) | +1.2% | +1.1% |
| CORN | 2023-05-31 | [Update on Mexico's GMO Corn Ban - AgWeb](https://feedsoft.ai/events/35907-update-on-mexico-s-gmo-corn-ban-agweb.md) | -1.8% | +0.1% |

## Sources

- agriculture.com: https://www.agriculture.com/news/crops/japan-edges-mexico-for-no-1-spot-as-us-corn-buyer

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