Mexico
Randy Martinson, Martinson Ag, says market reaction has been muted to possible 25% tariffs on Mexico and Canada and 10% on China on the first day of the Trump administration.
New World Screwworm is a serious veterinary pest that can cause severe damage to livestock and wildlife populations. The detection of New World Screwworm in Mexico and the subsequent USDA actions may have significant implications on trade and travel.
The emphasis on domestic agriculture reflects a broader trend in Mexican policy that could challenge existing trade agreements and alter the dynamics of agricultural exports between the two countries.
Mexico is self-sufficient in white corn, used to make the country’s staple tortilla, but imports genetically-modified yellow corn from the United States which is used largely to feed livestock.
Mexico came in with another big buy of U.S. corn on Friday. USDA reported a sale of 781,322 metric tons of corn for delivery to Mexico.
The latest AEM numbers suggest concerns about falling farmer demand for new machines were not overblown.
We hope that President-elect Sheinbaum will realize how much agriculture matters, the value created and how helping farmers thrive can help Mexico be better too.
“Mexico’s decree, which runs counter to scientific findings and is in direct violation of USMCA, is negatively impacting American corn growers,” said Tom Haag, NCGA president.
In Mexico, corn is much more than a food crop—it’s a key part of the country’s heritage, culture and traditions. Mexico argues glyphosate and GMOs are dangerous to human health, and seeks alternative practices.
During a bilateral meeting on Thursday, U.S. Trade Representative Katherine Tai discussed with Mexico’s Secretary of Economy Tatiana Clouthier various issues concerning energy and biotech corn.