# BIO Reiterates Lack of Basis for Mexico’s Ban on Genetically Modified Corn | BIO

> BIO, a biotech industry group, submitted comments to the USMCA panel saying Mexico's GM corn restrictions lack scientific basis. It argues Mexico's regulatory system has been predictable and science-based since 2005.

- Date: 2024-03-15 · published 2024-03-15T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/31184-bio-reiterates-lack-of-basis-for-mexico-s-ban-on-genetically-modified-corn-bio
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The industry filing adds pressure in the dispute but does not change trade flows, so it has little direct effect on feed corn prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-12-19 | [Mexico set to ban imports of genetically modified U.S. corn](https://feedsoft.ai/events/32692-mexico-set-to-ban-imports-of-genetically-modified-u-s-corn.md) | +1.6% | -1.9% |
| CORN | 2023-03-06 | [U.S. to Challenge Mexican Ban on Genetically Modified Corn](https://feedsoft.ai/events/36835-u-s-to-challenge-mexican-ban-on-genetically-modified-corn.md) | -1.2% | +1.1% |
| CORN | 2021-03-27 | [US should challenge Mexico’s ban on glyphosate and genetically-modified corn at the WTO](https://feedsoft.ai/events/48117-us-should-challenge-mexico-s-ban-on-glyphosate-and-genetically-modified-corn-at.md) | -1.6% | +16.7% |
| CORN | 2023-11-08 | [Creation Of USMCA Panel On Genetically Modified Corn - International Trade & Investment - Mexico](https://feedsoft.ai/events/33146-creation-of-usmca-panel-on-genetically-modified-corn-international-trade-and.md) | +0.4% | -0.5% |
| CORN | 2024-03-06 | [Genetically modified corn trade dispute continues with formal submission from Mexico \| IATP](https://feedsoft.ai/events/31178-genetically-modified-corn-trade-dispute-continues-with-formal-submission-from.md) | +2.4% | -1.7% |

## Sources

- bio.org: https://www.bio.org/press-release/bio-reiterates-lack-basis-mexicos-ban-genetically-modified-corn

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
