Eight businesses are set to split $29 million to boost domestic fertilizer production capacity for projects that the Agriculture Department says will have a near-term impact on the 2023 and 2024 crop years.
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.
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.
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.
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?
If India can keep on track for using more and more ethanol in gasoline, the country could well blend its way into needing U.S. imports, opening up major new trading opportunities with the second-most populous nation in the world.
Agriculture Secretary Tom Vilsack personally warned Mexican President Andrés Manuel López Obrador against banning genetically modified corn and later said the Biden administration expects to receive a proposal soon from Mexico on how to “engage in dialogue assuring the safety of biotechnology products.”
The U.S. corn sector has been adamant that it cannot easily or quickly shift to producing non-GMO corn to comply with an upcoming Mexican ban, but Brazilian and Argentine farmers are also telling Mexico that it’s mistaken if it thinks it can rely on them to make up for the coming loss of U.S. supplies.