Articles Tagged with ''corn''

The Office of the U.S. Trade Representative Monday reinforced USDA's position that Mexico’s proposed restrictions on genetically modified corn would still break its commitments under the U.S.-Mexico-Canada Agreement, despite Mexican proposals to soften the rules.

USDA Secretary Tom Vilsack made it clear to reporters earlier this month that the U.S. is not satisfied with Mexico’s latest offer to compromise on its plan to restrict biotech corn imports, but the Biden administration has also sent that message to Mexico City as talks between the two countries continue, says Alexis Taylor, USDA’s undersecretary for trade and foreign agricultural affairs.

USDA on Thursday tightened its estimates for U.S. wheat, corn and soybean stocks more than analysts expected, bolstering futures prices.

There aren’t any compromises that the Biden administration is willing to make when it comes to Mexico’s effort to curtail its imports of genetically modified corn from the U.S., says Agriculture Secretary Tom Vilsack.

A delegation of visiting Mexican government officials on Friday offered the Biden administration a possible compromise on its looming decree to ban genetically modified corn imports, including a proposal to delay implementation for a year until January, 2025, according to industry sources.

U.S. and Mexican government officials have been meeting over Mexico’s plan to ban on genetically modified corn, but the National Corn Growers Association says time is running out and the Biden administration needs to take action soon.