mexico threatens to ditch us corn imports
Monday 19 May 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

In its trade wrangle with US President

Mexico threatens to ditch US corn imports

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleMexico threatens to ditch US corn imports

Mexico imports billions of dollars' worth of corn
Mexico City - Arab Today

Mexico has identified a potential weapon in its trade wrangle with US President Donald Trump: lucrative yellow cobs of American corn.

The Latin American nation imports billions of dollars' worth of the yellow grain from the United States to feed its livestock.

But with Trump pushing to shake up the countries' trade ties, Mexico is now threatening to buy from elsewhere.

That is worrying corn growers in some of the very same US states that voted heavily in favor of Trump: Iowa, North Dakota, Kansas, Missouri and Nebraska.

Trump has vowed to restrict free trade with Mexico in order to protect US jobs and industry.

But with Mexico gearing up for a potential trade battle, the effect could be the opposite -- at least when it comes to corn.

"For US corn producers, Mexico is their number one export customer," Thomas Sleight, president of the US Grains Council, told AFP.

"They are concerned about maintaining excellent relationships with long standing customers that they've built over generations."

- Leverage for NAFTA talks  -

Mexico's Agriculture Secretary Jose Calzada said Mexico is in advanced talks with two other corn producers, Brazil and Argentina.

The US grain is cheaper than those countries' corn at $198 a ton, says Juan Carlos Anaya, head of the Agricultural Markets Consulting Group, a Mexican research firm.

Brazilian corn costs $210 a ton and Argentine corn $217, Anaya said.

Buying corn from other countries would drive up the price of certain products in Mexico, he warned.

But Mexico needs alternative sources of corn to gain leverage in trade negotiations.

Trump has vowed to renegotiate the North American Free Trade Agreement (NAFTA) with Mexico and Canada.

He wants new conditions that will help shift manufacturing jobs back to the United States and boost US production and exports.

Talks are expected to start this year.

"We do not know what the United States will propose," said Calzada.

"We have to act first to be sure that when we arrive at that negotiating table we are starting from a position of total strength."

One leftist opposition senator, Armando Rios Piter, has launched a legislative proposal to buy corn from Brazil and Argentina.

US "corn producers may have been fooled by Donald Trump when he said that Mexico was the only one benefiting from NAFTA," Rios told AFP.

"Now that they see what is at stake, they will have to change their minds."

- US farmers concerned -

Corn is Mexico's fourth-biggest import from the United States, after gasoline, diesel and natural gas.

Mexico imported $2.32 billion worth of corn in 2016 -- 10 percent more than the previous year, according to Mexican government figures.

By comparison, it imported just $17.7 million of corn from Argentina and $10 million from Brazil.

Mexico is also a major importer of US dairy products, pork, rice, wheat and soya.

Sleight said producers in five big corn-exporting US states have been lobbying lawmakers in Washington to stress how important NAFTA is for their business.

On January 23, agriculture industry leaders wrote to Trump saying that US food exports had quadrupled since NAFTA came into force in 1994.

"The sector in the US is struggling under the weight of low prices, reduced land values and rising interest rates, meaning farm profitability has declined", said analysis firm BMI Research.

"US farmers would suffer considerably from trade disruption with Mexico."

Source: AFP

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

mexico threatens to ditch us corn imports mexico threatens to ditch us corn imports

 



Themuslimchronicle, themuslimchronicle

GMT 07:01 2017 Tuesday ,08 August

US businesses defend Gulf airlines

GMT 09:39 2017 Tuesday ,26 September

Saudi clerics use Twitter, textbooks

GMT 13:46 2017 Tuesday ,03 October

Trump leads silence for Las Vegas shooting victims

GMT 12:28 2017 Monday ,11 September

UN says 313,000 Rohingya have fled to Bangladesh

GMT 06:41 2018 Thursday ,18 January

Fighting Tsonga digs deep to reel

GMT 21:13 2017 Friday ,04 August

Mlitary leader says army is close

GMT 18:03 2011 Wednesday ,21 September

Net-a-Porter celebrate arrival of Dolce and Gabbana

GMT 04:55 2017 Wednesday ,30 August

UAE beat Saudi Arabia to boost World Cup hopes

GMT 15:33 2017 Wednesday ,04 January

Seeing demand, Morocco approves first Islamic banks

GMT 19:14 2015 Monday ,23 March

Kuwait, Nepal ink $17m loan agreement

GMT 10:58 2017 Wednesday ,08 March

Europe launches fourth Earth monitoring satellite

GMT 17:11 2017 Monday ,20 November

Victoria's Secret to charm China

GMT 14:02 2017 Monday ,18 December

Gloss Communications announces client win and adds

GMT 19:49 2017 Monday ,11 September

Magdy refuses calls for dismissing coach

GMT 14:14 2017 Thursday ,05 October

Somali refugees head home as Yemen bites

GMT 09:08 2017 Wednesday ,27 September

It's all over for 'It' as 'Kingsman' sequel tops box office

GMT 09:23 2017 Thursday ,24 August

Samsung eyes reset with new Galaxy Note
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle