The United States won a ruling on Friday in a trade dispute with Mexico, which had sought to ban imports of genetically modified corn for human consumption.
The Government of Mexico does not agree with the ruling made by the three-judge trade dispute panel, but says Mexico will respect the decision.
The panel said Mexico’s position was not based on science and undermine the market access Mexico agreed to provide in the US-Mexico-Canada free trade agreement.
Mexico has been importing genetically modified corn from the U.S. for years, buying about $3 billion worth annually. The corn is mainly used to feed livestock in Mexico but the country announced plans for a ban on human consumption in 2020, including a possible future ban on GM corn for livestock as well. The US launched its appeal in 2023.
Strong beef demand and high prices are encouraging US producers to sell more calves and feeder cattle.
(CJWW)
