# Bunge CEO Says US Corn Still a Better Deal for Mexico

> Bunge CEO Soren Schroder told analysts that Mexico is unlikely to buy heavily from South America because US corn remains cheaper. He said switching would require a price shift in Brazil and Argentina. Mexico bought 13.3 million tonnes of US corn in 2015-16, and US shipments to Mexico in the current marketing year are up 8%.

- Date: 2017-02-17 · published 2017-02-17T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/72529-bunge-ceo-says-us-corn-still-a-better-deal-for-mexico
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Current pricing keeps US corn competitive in Mexico, which limits the near-term risk to US export demand from trade threats.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-11-29 | [Mexico's planned GM corn ban 'deep concern' for US](https://feedsoft.ai/events/38655-mexico-s-planned-gm-corn-ban-deep-concern-for-us.md) | -3.8% | +0.6% |
| CORN | 2022-12-16 | [Mexico says it aims for agreement with U.S. on GM corn in January \| Reuters](https://feedsoft.ai/events/38226-mexico-says-it-aims-for-agreement-with-u-s-on-gm-corn-in-january-reuters.md) | +0.7% | +3.0% |
| CORN | 2023-08-25 | [Canada says will join as third party in US-Mexico dispute over GM corn imports \| Reuters](https://feedsoft.ai/events/34540-canada-says-will-join-as-third-party-in-us-mexico-dispute-over-gm-corn-imports.md) | -2.2% | -9.0% |
| CORN | 2024-10-14 | [Mexico buyers still interested in GM-white corn - Brownfield Ag News](https://feedsoft.ai/events/27822-mexico-buyers-still-interested-in-gm-white-corn-brownfield-ag-news.md) | -1.8% | +1.8% |
| CORN | 2024-08-19 | [US Flails in GM Corn Dispute with Mexico \| Inter Press Service](https://feedsoft.ai/events/28743-us-flails-in-gm-corn-dispute-with-mexico-inter-press-service.md) | -0.7% | +4.1% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2017/02/17/bunge-ceo-says-u-s-corn-still-better

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