Which corn-producing states would take the biggest blow if Mexico bans biotech corn?
We are still waiting to see if a formal dispute against Mexico will be filed under the USMCA for the country’s ban on genetically-modified corn. As discussions continue about the ban’s impact, which producers will be affected the most?
The graph shows producers in Missouri, Nebraska, Louisiana, Kansas, Iowa, and Illinois will likely be the hardest hit. Farm Doc Daily and the Ohio State University point out the ripple effects for producers across the nation, including lower corn prices as supplies are diverted to the domestic market and an increase in risk management costs due to regulatory uncertainty.
Ohio State ag economists do predict the U.S. would win a formal dispute.