We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Privacy Terms and Cookie Policy
Shining Light on Farm & Food Policy for 20 Years.
Sunday, March 30, 2025
Mexico’s attempts to rid the country of genetically modified corn from the U.S. could ultimately be put in the hands of a third-party dispute panel, and both sides are counting on science and common sense to prevail.
Deere and Co. said Friday its net income jumped 117% in the latest quarter compared to the same period a year earlier, and the farm equipment giant raised its earnings estimate for fiscal 2023.
A senior official says the Biden administration has received Mexico’s responses to U.S. demands for scientific justification of Mexico’s efforts to halt imports of genetically modified corn and the country’s rejection of approval applications for new biotech seed traits.
Mexico’s bold move this week to reinforce its drive to disparage genetically modified corn and ban imports ignores protests from the Biden administration, adding pressure on the U.S. to follow through with recent threats to initiate a dispute under the U.S.-Mexico-Canada Agreement.
Mexican President Andrés Manuel López Obrador issued a modified, new decree Monday to ban genetically modified white corn while temporarily allowing GM corn for feed and industrial uses.
The Biden administration is demanding that Mexican President Andrés Manuel López Obrador scientifically justify his decree that would ban genetically modified corn and the popular herbicide, glyphosate.
History may be in the making now that USDA has raised its forecast for Brazilian corn exports to 50 million metric tons for the 2022-23 marketing year. That would push Brazil past the U.S., the long-established world leader in corn exports, which is expected to ship 48.9 million tons to foreign buyers.
USDA’s latest farm income forecast could provide some ammunition to farm groups and their allies in Congress who argue that soaring production costs are eating into farm earnings while producers have little chance of seeing payments from commodity programs.
The Agriculture Department is forecasting that net farm income will decline sharply this year on lower revenue from crops and livestock and higher production expenses.
When Mexican President Andrés Manuel López Obrador first unveiled a decree two years ago to ban genetically modified corn and effectively shut out most U.S. exports, Trump administration officials asked themselves the obvious question: Is he really serious about this?
