# Smith, Costa lead over 70 lawmakers in urging Biden Administration to hold Mexico accountable on biotech policies | TheFencePost.com

> Congressmen Adrian Smith and Jim Costa led more than 70 members in a letter asking Biden to secure assurances from López Obrador that Mexico will honor the USMCA biotech provisions. The letter says biotech approvals have stalled since 2018, affecting corn, soybeans, canola, cotton and potatoes. It also notes the planned phase-out of biotech corn for human consumption by 2024.

- Date: 2021-11-22 · published 2021-11-22T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/44039-smith-costa-lead-over-70-lawmakers-in-urging-biden-administration-to-hold
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Continued stalls in biotech approvals put US corn and soybean sales to Mexico at risk, which pressures US feed grain demand and prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-11-24 | [Legislators call for Biden to act on Mexico's noncompliance with biotech provisions \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44037-legislators-call-for-biden-to-act-on-mexico-s-noncompliance-with-biotech.md) | -3.8% | -0.0% |
| CORN | 2023-09-06 | [Exclusive: Biden administration moving to escalate energy trade dispute with Mexico](https://feedsoft.ai/events/34076-exclusive-biden-administration-moving-to-escalate-energy-trade-dispute-with.md) | -1.3% | -6.5% |
| CORN | 2023-02-14 | [As Mexico Implements New Decree, NCGA Amplifies Call for Biden Administration to Initiate Dispute Settlement Under USMCA](https://feedsoft.ai/events/37297-as-mexico-implements-new-decree-ncga-amplifies-call-for-biden-administration-to.md) | -0.8% | -5.8% |
| CORN | 2023-01-31 | [Corn Grower Leaders, Joined by Administration and Congressional Officials, Warn of Consequences from Mexico Decree, Call for Swift Action](https://feedsoft.ai/events/37745-corn-grower-leaders-joined-by-administration-and-congressional-officials-warn.md) | +1.3% | -4.0% |
| CORN | 2023-03-06 | [WHAT THEY ARE SAYING: USTR Announces USMCA Technical Consultations with Mexico on Agricultural Biotechnology \| United States Trade Representative](https://feedsoft.ai/events/36833-what-they-are-saying-ustr-announces-usmca-technical-consultations-with-mexico.md) | -1.2% | +1.1% |
| SOY | 2021-11-24 | [Legislators call for Biden to act on Mexico's noncompliance with biotech provisions \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44037-legislators-call-for-biden-to-act-on-mexico-s-noncompliance-with-biotech.md) | -3.5% | +4.4% |
| SOY | 2021-08-04 | [USTR pushing Mexico on biotech; still formulating China plan \| 2021-08-04  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/45530-ustr-pushing-mexico-on-biotech-still-formulating-china-plan-2021-08-04-agri.md) | +4.0% | -6.7% |
| SOY | 2024-04-17 | [USTR defends administration's response to China's miss on Phase One pledge \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14759-ustr-defends-administration-s-response-to-china-s-miss-on-phase-one-pledge-agri.md) | +2.0% | +4.7% |

## Sources

- thefencepost.com: https://www.thefencepost.com/news/smith-costa-lead-over-70-lawmakers-in-urging-biden-administration-to-hold-mexico-accountable-on-biotech-policies/

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