Mexico’s corn imports reached a new high

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HDRider

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• IMPORTS: Mexico’s corn imports reached a new high of 4.2 million metric tons, mainly from the US, during the first quarter of 2021, as a severe drought settled in nearly half of the country. The increase in imports puts into doubt president Andrés Manuel López Obrador’s goal to achieve self-sufficiency in corn.



• CORN: According to GCMA consulting firm, Mexico’s corn imports grew 16.8 percent from the same quarter last year. The vast majority of Mexico’s imports are of US yellow corn used primarily for livestock feed. Yet, white corn imports from the US for human consumption also grew 55.3 percent.



• PROTEST: “Day Zero is very close. The economic crisis is deepening along with a broad drought that we suffer in Mexico: 15 states are about to run out of water”, said Álvaro López Ríos, head of Mexican farmers’ organization UNTA at a sit-in outside Mexico’s National Water Commission.



• GOAL: On the last day of 2020, the López Obrador administration published a decree ordering the phase-out of the use of genetically-modified corn for human consumption by 2024. According to the US government, 95 percent of the US yellow corn exported to Mexico was genetically-modified.

 

BFE

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If the consumer wants non GMO, the market premium should be better than what it is. Been planting GMO since the 90's, I think it's proven safe.

If Mexico wants self sufficiency with corn, most likely they will have to do it using GMO varieties, given their climate. Drought resistance will have to be there one way or another.
 

Stocker Steve

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Not a fan of corn production. Seems excessive in many ways. That said, we are in a livestock area and some here grow good corn crops w/o huge amounts of chemical inputs. They use dairy manure or turkey litter. Don't know how Mexico can make it work w/o a lot of livestock.
 

TexasBred

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Not a fan of corn production. Seems excessive in many ways. That said, we are in a livestock area and some here grow good corn crops w/o huge amounts of chemical inputs. They use dairy manure or turkey litter. Don't know how Mexico can make it work w/o a lot of livestock.
nd if that’s in short supply they will use human waste.
 

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