Uncertain Corn: Mexico’s push to eliminate biotech corn could hurt organic growers
The organic grain markets are getting mixed signals from Mexico as the nation pushes ahead with its proposed ban on biotech corn.
Ryan Cory with Argus Media tells Brownfield Ag News that right now, prices are the biggest wildcard. For instance, he says if organic corn is $7, and non-GMO is $6.50 to ship to Mexico, there is more opportunity for the organic markets. However, if organic is closer to $8, and non-GMO is near $5, most buyers will look away from organic.
Mexico is standing firm on its ban despite many calls for the country to follow the science.