Mexico will continue to buy corn from the U.S. for livestock feed and industrial use, despite the ongoing formal dispute over its ban on imports of genetically modified (GM) corn for human consumption, said President Andrés Manuel López Obrador. The comments follow those from Mexico’s National Agricultural Council, which represents 1.8 million small and medium producers, stating a day earlier that Mexico could surpass China and become the largest importer of corn in the world this year, importing between 21 MMT and 22 MMT.
As of Feb. 8, Mexico’s 2023-24 U.S. corn export commitments stood at 16.2 MMT, with accumulated exports of 8.4 MMT and 7.8 MMT of outstanding sales on the books.
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