United States producers could benefit from Mexico’s restrictions on transgenic corn, especially with an increase in their profits between 5 and 10 percent if they adapt their crops to non-genetically modified processes for the export market, said the US organizations Food Thank and Farm Action, by exposing possible solutions to this dispute addressed in the T-MEC.
Pending the ruling of the panel on transgenic corn between Mexico, the United States and Canada, which was to be published last Saturday, Food Thank highlighted that the Mexican restrictions They affect a very small part of US exports, because they apply only to the use of transgenic corn in tortillas and other minimally processed products for direct human consumption.
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He stated that farmers could obtain premiums of between 5 and 10 percent because the price is 4.30 dollars (87 pesos) for every 25 kilos of non-transgenic white corn, according to sector sources.
Those premiums could be particularly attractive right now for farmers who saw corn prices fall more than 30 percent last year.
Farm Action, a farmer advocacy group, highlighted that if the United States switched 73,000 hectares to non-genetically modified corn, it would generate $7.75 million in additional premiums for farmers. and would successfully satisfy the needs of Mexico
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The organization stated that its government’s position It primarily protects the major seed and agrochemical corporations that would have the most to lose if a substantial number of US farmers switched to non-GMO production.
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