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
Caleb Ragland, president of the American Soybean Association (ASA), shares his reaction to news of soybean sales to China, which is considered both “welcome news” and a return to near-normal trade relations.
Farm Bureau Economist Faith Parum discusses key outcomes from the U.S.-China trade agreement and the benefits of expanding trade across Southeast Asia.
Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report to discuss the implications for farmers.
Chris Bliley with Growth Energy discusses ongoing concerns about U.S. ethanol exports and the expansion of market access promised under the Phase One deal between the U.S. and China.
“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.