Mexico plans to reduce a hefty percentage of corn imports

Mexico is looking to nearly halve its corn imports by next year.

This comes as the country mulls a ban of all GMO yellow corn, and now the country’s Deputy Ag Minister says they are looking to reduce corn purchases by 30 to 40 percent. He says they are actively looking to substitute their grain imports that come almost entirely from the United States and will work to boost small growers in the country.

Earlier this week, U.S. trade officials made a surprise trip to Mexico to continue discussions surrounding the country’s upcoming ban on GMO corn imports. That ban has been pushed back to 2025.

Related Stories
Global food prices inched upward for the third consecutive month according to the latest FAO Food Price Index. While some Americans struggle to source their next meal, others are ordering high-priced food delivery straight to their door more than ever before.