Mexican officials will meet with producers to decide on whether a new ban on genetically modified corn will apply to animal feed, reportsBloomberg.
The meeting will take place “toward the end” of the coming week, the Ministry of Agriculture and Rural Development said in an emailed statement. The ministry will discuss the issue with producers along the supply chain, it said.
Mexico has banned genetically modified corn and will phase out imports over the next three years as part of the government’s efforts to achieve self-sufficiency in food production, according to a decree it issued on Dec. 31.
Mexico was the top destination for U.S. corn exports in 2019, bringing in about $2.7 billion in shipments, a vast majority of that the yellow No. 2 variety typically used to make animal feed, according to U.S. Department of Agriculture data. Over90% of U.S. cornis produced using genetically-modified varieties.