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:

Shawn Haney, Host of RealAg Radio on Rural Radio SiriusXM Channel 147, joined us on Tuesday’s Market Day Report with the latest news from Canada impacting the ag sector.
Dr. Deb Vnoverbeke, UNL’s Head of Animal Science, joins us with more about the university’s experiential learning programs designed to prepare veterinary students for the future of agriculture.
Lewis Williamson with HTS Commodities shares an update on post-WASDE grain movement, with corn leading export momentum, soybeans steady, and wheat and sorghum continuing to move selectively.
China still has a long way to go before it meets its commitment to buy 12 million metric tons of U.S. soybeans this year.
The new WOTUS proposal narrows federal jurisdiction, restores key agricultural exclusions, and gives farmers clearer permitting rules after years of regulatory uncertainty.