# Mexican science agency halves recommendation for glyphosate imports this year

> Mexico's science agency halved its recommendation for glyphosate imports for this year. The move follows the 2020 executive order to phase out glyphosate and GM corn by 2024.

- Date: 2022-01-19 · published 2022-01-19T12:00:00.000Z
- Category: policy · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/43124-mexican-science-agency-halves-recommendation-for-glyphosate-imports-this-year
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower glyphosate import allowances tighten Mexican agrochemical supply and reinforce the phase-out risk to US farm exports, a modest negative for US corn and soybean trade sentiment.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-05-24 | [Mexican judge rejects industry bid to halt GMO corn, glyphosate ban](https://feedsoft.ai/events/47083-mexican-judge-rejects-industry-bid-to-halt-gmo-corn-glyphosate-ban.md) | -0.3% | +2.2% |
| CORN | 2017-08-31 | [Import duties for maize, sorghum and rye updated \| AGENCE EUROPE](https://feedsoft.ai/events/69511-import-duties-for-maize-sorghum-and-rye-updated-agence-europe.md) | +3.9% | +4.5% |
| CORN | 2017-08-20 | [Adjustments to import duty for maize, sorghum and rye \| AGENCE EUROPE](https://feedsoft.ai/events/69513-adjustments-to-import-duty-for-maize-sorghum-and-rye-agence-europe.md) | -3.4% | -1.0% |
| CORN | 2021-07-26 | [Winners and losers in Mexico's GM corn ban - Alliance for Science](https://feedsoft.ai/events/46047-winners-and-losers-in-mexico-s-gm-corn-ban-alliance-for-science.md) | -0.5% | -2.0% |

## Sources

- reuters.com: https://www.reuters.com/business/environment/mexican-science-agency-halves-recommendation-glyphosate-imports-this-year-2022-01-19/

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