Two newest trade officials raise concerns over Mexico’s GM corn ban

Mexican flag 1280x720.jpg

Market Day Report

In a surprise trip this week, the newly seated Undersecretary for Trade, Alexis Taylor went to Mexico with Chief Ag Negotiator, Doug McKalip to meet with Mexican officials about their upcoming ban on genetically modified U.S. corn.

U.S. Trade Representative Katherine Tai released a statement.

“We made it clear today that if this issue is not resolved, we will consider all options, including taking formal steps to enforce out rights under the USMCA. These changes are not sufficient and Mexico’s proposed approach, which is not grounded in science, still threatens to disrupt billions of dollars in bilateral agricultural trade, cause serious economic harm to U.S. farmers and Mexican livestock producers.”

Mexico’s agricultural ministry did not comment.

As of now, Mexico has decided to postpone its ban until 2025.

Story via Kanishka Singh and Tom Polansek with Reuters

LATEST STORIES BY THIS AUTHOR:

Canada’s new voluntary Grocery Sector Code of Conduct will take effect on Jan. 1, a goodwill effort to promote fairness and transparency between retailers and support farms that sell directly to stores.
With record grain harvests and rising global ethanol demand, leaders across the ag and energy sectors are pushing for year-round E15 sales to mitigate the strain on grain trade.
Pork producers warn that proposed definitions of “ultra-processed” food in guidelines from the “Make America Healthy Again” plan could negatively impact industry-standard bacon, sausage, and feed practices.
Concerns over Chronic Wasting Disease are fueling a long-standing legal battle between Minnesota regulators and deer farmers. The case could soon reach the state’s Supreme Court with broader implications for agriculture.
The National Cattlemen’s Beef Association (NCBA) and Public Lands Council (PLC) are praising the passage of a bill to delist gray wolves as an endangered species by the U.S. House last week.
Recent USDA export sales data show China has been active in the U.S. market, but analysts tell RFD-TV News that the timing is a key clue.