Mexico has officially reversed its ban on genetically edited and modified corn imports.
It comes after the U.S. successfully argued the measure violates its commitments under a North American free trade deal, according to AgriPulse.
Last December, a dispute resolution panel sided with the U.S., granting Mexico 45 days to comply or face potential tariffs. The move eliminates a significant trade barrier, as the U.S. is Mexico’s largest corn supplier.
President Claudia Sheinbaum continues to push for limits on GM corn production within Mexico.
Related Stories
Dr. Joana Colussi says differences in input costs, trade conditions, and second-crop risks continue shaping profitability in both countries.
Trade officials discussed export growth, biofuel opportunities and market access during the National Restaurant Association Show.
Corn demand received another boost last week as ethanol production climbed to a five-week high.
Analysts say drought, tight cattle supplies and summer grilling demand continue shaping the protein market outlook.
Senate Majority Leader John Thune says senators are trying to align the E15 effort with broader Farm Bill negotiations as producers continue grappling with weak farm income and elevated costs.
Soybeans accounted for nearly half of the $15 billion in losses on U.S. ag exports to China due to tariffs, according to researchers at North Dakota State University.