# Decree on glyphosate and genetically modified corn - Santamarina + Steta

> A Mexican decree published February 13, 2023 orders federal agencies to stop acquiring, using, importing and promoting genetically modified corn and glyphosate. Biosecurity authorities must revoke permits for GM corn seeds and grain use.

- Date: 2023-07-05 · published 2023-07-05T12:00:00.000Z
- Category: policy · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/35019-decree-on-glyphosate-and-genetically-modified-corn-santamarina-steta
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

The decree threatens Mexico's major imports of U.S. GM yellow corn used for feed, which could weigh on U.S. corn export demand and prices if enforced.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-02-13 | [DECREE IS PUBLISHED ORDERING THE IMPLEMENTATION OF SEVERAL MEASURES TO ELIMINATE THE USE OF GLYPHOSATE AND GENETICALLY MODIFIED CORN IN THE COUNTRY. - BASHAM](https://feedsoft.ai/events/48622-decree-is-published-ordering-the-implementation-of-several-measures-to.md) | -2.1% | +2.7% |
| CORN | 2024-05-29 | [China's Genetically Modified Dilemma \| Asia Society](https://feedsoft.ai/events/14754-china-s-genetically-modified-dilemma-asia-society.md) | -4.5% | -5.1% |
| CORN | 2024-09-26 | [Environmental Reform: Ban on Genetically Modified Corn \| Wilson Center](https://feedsoft.ai/events/28272-environmental-reform-ban-on-genetically-modified-corn-wilson-center.md) | +2.5% | +0.4% |
| CORN | 2020-12-15 | [Mexico proposes ban on glyphosate and GE corn - Brownfield Ag News](https://feedsoft.ai/events/49604-mexico-proposes-ban-on-glyphosate-and-ge-corn-brownfield-ag-news.md) | -1.7% | +15.6% |
| CORN | 2021-04-29 | [Opinion: The Biden administration should address Mexico’s bans on genetically engineered corn and glyphosate \| 2021-04-29  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/47584-opinion-the-biden-administration-should-address-mexico-s-bans-on-genetically.md) | +5.9% | -6.0% |

## Sources

- santamarinasteta.mx: https://www.santamarinasteta.mx/en/publicaciones-y-eventos/updates/decreto-en-materia-de-glifosato-y-maiz-geneticamente-modificado/

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