# Mexico Ready to Play the Corn Card in Trade Talks

> Mexico is weighing retaliation in trade talks with the US, using its position as the largest buyer of American corn. Much of the corn Mexico consumes comes from the United States, and Mexico has taken Trump's threats to overhaul NAFTA seriously.

- Date: 2017-04-02 · published 2017-04-02T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/71458-mexico-ready-to-play-the-corn-card-in-trade-talks
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Any move by Mexico to shift purchases away from US corn would weaken US export demand and pressure corn prices lower.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-06-09 | [Trade-War Drums: Is Mexico Ready to Fire at the US Corn Belt? \| Wolf Street](https://feedsoft.ai/events/64507-trade-war-drums-is-mexico-ready-to-fire-at-the-us-corn-belt-wolf-street.md) | -3.5% | -5.6% |
| 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% |
| CORN | 2021-03-08 | [Trouble in Mexico’s Corn Market](https://feedsoft.ai/events/48115-trouble-in-mexico-s-corn-market.md) | +2.7% | +3.0% |
| CORN | 2023-04-11 | [Mexico to probe GM corn impact on tortillas amid US trade dispute](https://feedsoft.ai/events/36380-mexico-to-probe-gm-corn-impact-on-tortillas-amid-us-trade-dispute.md) | +0.4% | +0.2% |
| 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% |

## Sources

- nytimes.com: https://www.nytimes.com/2017/04/02/world/americas/mexico-corn-nafta-trade.html?smid=nytcore-ipad-share&smprod=nytcore-ipad

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