# Near breaking point on Mexico’s GM corn ban

> A CoBank economist writes that Mexico's GM corn ban, expected in 2024, is already slowing approval of biotech traits in Mexico. Some seed companies are reluctant to push unapproved traits there. A World Perspectives study commissioned by CropLife America estimates the ban could add $4.4 billion to Mexico's corn import costs.

- Date: 2022-09-09 · published 2022-09-09T12:00:00.000Z
- Category: policy · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/39582-near-breaking-point-on-mexico-s-gm-corn-ban
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Slower trait approvals and the risk of costly segregation could reduce U.S. corn competitiveness in Mexico and raise Mexican import costs over time, which is a bearish factor for U.S. corn export demand.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-09-27 | [U.S. needs to press Mexico on looming biotech corn ban, Vilsack says](https://feedsoft.ai/events/39580-u-s-needs-to-press-mexico-on-looming-biotech-corn-ban-vilsack-says.md) | +1.8% | +4.0% |
| CORN | 2022-09-26 | [U.S. farmers urge Washington to challenge Mexico's looming ban on GM corn](https://feedsoft.ai/events/39578-u-s-farmers-urge-washington-to-challenge-mexico-s-looming-ban-on-gm-corn.md) | -1.4% | +2.6% |
| CORN | 2024-10-15 | [Mexico’s President Reaffirms Ban on Planting & Consumption of GMO White Corn - Pro Farmer](https://feedsoft.ai/events/27821-mexico-s-president-reaffirms-ban-on-planting-and-consumption-of-gmo-white-corn.md) | -0.1% | +2.6% |
| 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 | 2023-07-03 | [Mexico's ban on tortillas made using GMO corn is an argument that can be tasted : NPR](https://feedsoft.ai/events/35024-mexico-s-ban-on-tortillas-made-using-gmo-corn-is-an-argument-that-can-be-tasted.md) | +1.4% | -5.6% |

## Sources

- farmprogress.com: https://www.farmprogress.com/farm-life/near-breaking-point-on-mexico-s-gm-corn-ban

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