Grain Elevator with pile of grainMexican officials have signaled a new decree is coming for GMO imports ahead of potential U.S. meetings next week. Raquel Buenrostro, Mexican Secretary of Economy, told reporters Wednesday that the potential barring of GMO crops will be pushed back to 2025. She told reporters that a new decree could be ready to share with U.S. officials as early as December 16.

A renewed look at the presidential decree is welcomed news for U.S. corn growers, who rely heavily on the country for yellow corn and white corn demand. Approximately 18 – 20% of U.S. corn going to Mexico is white corn for food use and the remaining 18 million imported tonnes are yellow corn for animal feed.

Read more on continued monitoring of the potential Mexican GMO ban here.