# Mexico’s plan to ban glyphosate by 2024 is already backfiring against farmers, consumers and the environment

> Mexico remains on track to fully ban glyphosate by 2024, with GM corn already banned under a separate decree. Farmers are reportedly shifting to unregulated herbicides ahead of the restriction, and Mexico has approved no biotech food or feed products since May 2018.

- Date: 2022-04-05 · published 2022-04-05T12:00:00.000Z
- Category: policy · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/41805-mexico-s-plan-to-ban-glyphosate-by-2024-is-already-backfiring-against-farmers
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Continued restrictions on biotech approvals and GM corn raise the risk of lower US corn exports to Mexico, the key feed corn buyer, which is mildly bearish for corn.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-01-26 | [Mexico plans to phase out GMO corn by 2024 - Texas Farm Bureau](https://feedsoft.ai/events/49130-mexico-plans-to-phase-out-gmo-corn-by-2024-texas-farm-bureau.md) | +5.1% | +1.5% |
| CORN | 2021-03-02 | [Mexico To Phaseout GM Corn Imports And Glyphosate Use - SAIFood](https://feedsoft.ai/events/48118-mexico-to-phaseout-gm-corn-imports-and-glyphosate-use-saifood.md) | +6.1% | +5.5% |
| 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

- geneticliteracyproject.org: https://geneticliteracyproject.org/2022/04/05/mexicos-plan-to-ban-glyphosate-by-2024-is-already-backfiring-against-farmers-consumers-and-the-environment/

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