# Why Seed Companies Fear México | Inter Press Service

> An IPS commentary says Mexico's Supreme Court ruled in October that courts may block commercial permits for GM corn. The ruling is presented as a win for biodiversity advocates and a loss for seed companies such as Monsanto, Syngenta and Dow. The author argues the decision could strengthen the global debate over GMO agriculture.

- Date: 2021-11-18 · published 2021-11-18T12:00:00.000Z
- Category: policy · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/44042-why-seed-companies-fear-mexico-inter-press-service
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The ruling reinforces the legal basis for restricting GM corn in Mexico, a major buyer of US corn, which supports a cautious view on export demand.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-10-09 | [New Agreement with Canada and U.S. Is Win-Lose for Mexico \| Inter Press Service](https://feedsoft.ai/events/62510-new-agreement-with-canada-and-u-s-is-win-lose-for-mexico-inter-press-service.md) | +4.1% | +3.7% |
| CORN | 2020-07-13 | [With the USMCA monopolistic companies would dominate the seed market in Mexico - The Mazatlan Post](https://feedsoft.ai/events/52080-with-the-usmca-monopolistic-companies-would-dominate-the-seed-market-in-mexico.md) | -1.6% | -5.7% |
| CORN | 2025-04-30 | [Mexico Bans GM Corn Cultivation in Constitutional Reform: Action Follows Trade Ruling That Ignored Evidence of Genetic Contamination \| Inter Press Service](https://feedsoft.ai/events/25097-mexico-bans-gm-corn-cultivation-in-constitutional-reform-action-follows-trade.md) | -1.7% | +0.6% |
| CORN | 2022-04-11 | [Rail Labor Echoes NGFA Service Complaints - TTD](https://feedsoft.ai/events/41863-rail-labor-echoes-ngfa-service-complaints-ttd.md) | +2.0% | -2.3% |
| CORN | 2019-01-29 | [Guaranteed prices for producers could put pressure on inflation](https://feedsoft.ai/events/61062-guaranteed-prices-for-producers-could-put-pressure-on-inflation.md) | -0.4% | +0.0% |

## Sources

- ipsnews.net: https://www.ipsnews.net/2021/11/seed-companies-fear-mexico/

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