# Bipartisan Request to Hold Mexico Accountable on Biotech Policy

> More than 70 members of Congress sent President Biden a bipartisan letter urging him to secure a commitment from Mexico to follow the USMCA biotech provisions. The letter says Mexico has not approved biotech applications since 2018 and that over 90% of US corn, soybean and cotton acres use biotech seed.

- Date: 2021-12-27 · published 2021-12-27T12:00:00.000Z
- Category: policy · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/43573-bipartisan-request-to-hold-mexico-accountable-on-biotech-policy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Mexico is a large buyer of US corn and soybean products, so a breakdown in biotech trade rules could reduce feed grain export demand. This is a political signal rather than a supply or demand change.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-12-08 | [Mexico’s refusal to allow ag biotech harms North American ag - Texas Farm Bureau](https://feedsoft.ai/events/43572-mexico-s-refusal-to-allow-ag-biotech-harms-north-american-ag-texas-farm-bureau.md) | -0.3% | -1.0% |
| CORN | 2021-10-27 | [Mexico promises science-based decision on biotech corn](https://feedsoft.ai/events/44531-mexico-promises-science-based-decision-on-biotech-corn.md) | +6.7% | +9.3% |
| CORN | 2023-11-08 | [Groups formally request to support Mexico’s ban on GM corn in USMCA trade dispute \| IATP](https://feedsoft.ai/events/33145-groups-formally-request-to-support-mexico-s-ban-on-gm-corn-in-usmca-trade.md) | +0.4% | -0.5% |
| CORN | 2023-09-07 | [USMCA panel requested over biotech corn dispute – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/34077-usmca-panel-requested-over-biotech-corn-dispute-ohio-ag-net-ohio-s-country.md) | -1.2% | -6.8% |
| CORN | 2023-02-14 | [Mexico issues new decree to end biotech corn imports \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/37296-mexico-issues-new-decree-to-end-biotech-corn-imports-agri-pulse-communications.md) | -0.8% | -5.8% |
| SOY | 2019-12-02 | [Viewpoint: How international anti-biotech activists manipulate year-old Mexican government to block crop GMO innovations](https://feedsoft.ai/events/55544-viewpoint-how-international-anti-biotech-activists-manipulate-year-old-mexican.md) | +1.5% | +7.2% |
| SOY | 2020-04-20 | [Round tables to inform deforestation-free supply chain policy - STTC](https://feedsoft.ai/events/53659-round-tables-to-inform-deforestation-free-supply-chain-policy-sttc.md) | -0.0% | +0.7% |
| SOY | 2021-03-29 | [Mapping policy for how the EU can reduce its impact on tropical deforestation](https://feedsoft.ai/events/48152-mapping-policy-for-how-the-eu-can-reduce-its-impact-on-tropical-deforestation.md) | +0.9% | +12.0% |

## Sources

- asas.org: https://www.asas.org/taking-stock/blog-post/taking-stock/2021/12/27/bipartisan-request-to-hold-mexico-accountable-on-biotech-policy

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