Ag science giant, Syngenta, is asking the White House to personally step in and settle a dispute with Mexico over a proposed ban on GMO corn.
Syngenta says the bans likely will not stop with corn. The company says it asked both the Trump and Biden Administrations to make a trip to Mexico to discuss the issue, but it never happened.
This comes as Mexico looks to broker deals with individual producers from America and other countries to purchase Non-GMO corn directly.
Syngenta warns it will not be that easy, however, as the process of switching crops can sometimes take years.
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One trader said the products entering the U.S. are primarily grind and trim, noting that the volume and type of beef, on its own, should not cause a major disruption. However, he says fund traders are reacting heavily to headlines rather than market realities.
