Mexico’s ban on biotech corn has left the U.S. ag industry baffled. Many U.S. ag industry leaders argue that Mexico’s stringent regulations on GMO corn are not based on science. However, experts with Ambrook Research explain that the regulation is not a matter of human health, but rather a way to prevent genetically modified crops from threatening the nation’s cultural food heritage.
In early 2023, the USMCA trade partner introduced a 50% tariff on white corn imports and modified regulations to ensure tortilla makers use only non-genetically modified white corn.
In Mexico, corn is more than just a commodity crop. It is considered a big part of heritage, culture, and tradition. The country is home to more than 50 native corn varieties, and Mexican leaders believe that incredible biodiversity could be threatened if genetically modified crops are introduced.
Brian Earnest, an animal protein economist with CoBank, shares insights into current demand trends and the challenges facing broiler production.
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From tariff talks in Europe to SCOTUS uncertainty and rising farm losses, analysts say policy and global supply will shape grain markets in the year ahead.
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Large Brazilian crops heighten downside price risk if the weather allows production to reach projected levels.
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Ethanol and corn groups are not hiding their disappointment over new reports that the bill to allow year-round E15 sales failed as Congress forges ahead on government funding, with another shutdown looming.
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Analysts say a Supreme Court decision on tariffs could reshape protein markets, strain U.S.-China trade, and force farmers to rethink global demand strategies.
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