
Mexico authorized imports of formulated glyphosate totaling 459.1 tonnes for September 2021 to June 2022 and denied a request for 13,808.4 tonnes. The denial reflects a December 2020 decree to phase out glyphosate and agrochemicals containing it.
The request was only about 1% of the volume approved in the 2018-2019 period.
Tight glyphosate import limits could affect Mexican crop yields and production, which in turn may affect how much corn and other feed grains Mexico needs to import.
After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
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.