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.
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University of Illinois Ag Economist Gary Schnitker says early projections indicate soybeans will be more profitable than corn in 2026.
Farmers face tighter barge capacity and higher freight costs during peak harvest.
Bigger-than-expected corn and wheat stocks are bearish for prices, while soybean figures were neutral. Farmers may face additional price pressure as harvest accelerates.
“MAKE SOYBEANS, AND OTHER ROW CROPS, GREAT AGAIN!”
Taiwan’s pledge to expand imports strengthens export prospects for U.S. row crops, livestock products, and specialty commodities, while the USDA’s broader trade push seeks to diversify farm markets globally.
