◂ Event Timeline

Feb 12, 2025TRADEMexico

Mexico Cancels GM Corn Restrictions, Follows USMCA Ruling- Crop Biotech Update (February 12, 2025)

Mexico lifted GM corn restrictions to comply with the USMCA dispute panel ruling, revoking the former president's decree protecting native corn. The Federal Official Gazette publication nullified Articles 6, 7 and 8 of the 2023 decree.

Administrative actions relying on those provisions are void.

WHY IT MATTERS

Lifting the restrictions keeps Mexico open to US GM corn, supporting export demand for corn.

AFFECTSCorn▲

SOURCE
isaaa.orgFeb 12, 2025

Price reaction & history

Corn▲bullishSO FAR1d +0.8%5d +3.1%20d -5.1%

After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.

Feb 6, 2025Mexico Lifts GM Corn Restrictions Following USMCA Panel Ruling+1.4%
Jan 6, 2025Canadian grain industry welcomes ruling against Mexico's restrictions on GM corn - RealAgriculture+4.1%
Mar 1, 2025Mexico Biotech Corn Ban Update - Ohio Corn & Wheat-0.2%
Feb 6, 2025United States Welcomes Mexico’s Actions Towards Resolving USMCA Biotech Corn Dispute | United States Trade Representative+1.4%
Dec 20, 2024USMCA dispute panel rules Mexico’s biotech corn ban is unjustified | Agri-Pulse Communications, Inc.+1.5%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Corn CORN · GP ▸

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