# As Mexico Explores Options to Reduce Reliance on U.S. Ag Imports, NAFTA Ag Ministers Meet in Georgia | Farm Policy News | Illinois

> Mexico's Agriculture Secretariat is exploring options to reduce reliance on U.S. farm imports, as NAFTA agriculture ministers met in Georgia. The commentary cites WSJ data showing Mexican buyers shifting to short-term grain purchases and Brazilian chicken.

- Date: 2017-06-21 · published 2017-06-21T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/70470-as-mexico-explores-options-to-reduce-reliance-on-u-s-ag-imports-nafta-ag
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

A diversification push by Mexico's largest feed-grain buyer structurally cuts U.S. corn and soymeal demand, bearish for U.S. feed ingredient prices.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-02-19 | [U.S. Corn Exports to Mexico: Will Policy Rhetoric Turn into Concrete Action? - Farm Policy News](https://feedsoft.ai/events/72530-u-s-corn-exports-to-mexico-will-policy-rhetoric-turn-into-concrete-action-farm.md) | +0.3% | +0.9% |
| CORN | 2023-01-22 | [U.S. Sorghum Exports Dwindle on “Near-Evaporation” of Chinese Demand, as China Looks to Brazilian Corn \| Farm Policy News \| Illinois](https://feedsoft.ai/events/37840-u-s-sorghum-exports-dwindle-on-near-evaporation-of-chinese-demand-as-china.md) | -0.4% | -0.6% |
| CORN | 2019-09-09 | [U.S., China Trade Talks Set to Resume; Agricultural Export Markets Continue to Adjust \| Farm Policy News \| Illinois](https://feedsoft.ai/events/10853-u-s-china-trade-talks-set-to-resume-agricultural-export-markets-continue-to.md) | -0.9% | +3.4% |
| CORN | 2017-06-16 | [U.S. Exports to Mexico Fall as Uncertainty Over Nafta Lingers](https://feedsoft.ai/events/70469-u-s-exports-to-mexico-fall-as-uncertainty-over-nafta-lingers.md) | -3.5% | -2.6% |
| CORN | 2018-03-11 | [New U.S. Tariffs Ramp-Up Fear of Ag Trade Retaliation; Soybean Growers Especially Worried \| Farm Policy News \| Illinois](https://feedsoft.ai/events/65985-new-u-s-tariffs-ramp-up-fear-of-ag-trade-retaliation-soybean-growers-especially.md) | +1.7% | +5.0% |
| SBM | 2017-06-16 | [U.S. Exports to Mexico Fall as Uncertainty Over Nafta Lingers](https://feedsoft.ai/events/70469-u-s-exports-to-mexico-fall-as-uncertainty-over-nafta-lingers.md) | -2.3% | +7.2% |
| SBM | 2018-03-11 | [New U.S. Tariffs Ramp-Up Fear of Ag Trade Retaliation; Soybean Growers Especially Worried \| Farm Policy News \| Illinois](https://feedsoft.ai/events/65985-new-u-s-tariffs-ramp-up-fear-of-ag-trade-retaliation-soybean-growers-especially.md) | +0.3% | +4.8% |
| SBM | 2024-10-17 | [New US-China Trade War Could Cost Farmers Billions \| Farm Policy News \| Illinois](https://feedsoft.ai/events/27846-new-us-china-trade-war-could-cost-farmers-billions-farm-policy-news-illinois.md) | -0.4% | -7.2% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2017/06/mexico-explores-options-reduce-reliance-u-s-ag-imports-nafta-ag-ministers-meet-georgia/

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