# Bayer blasts 'unscientific' rejection by Mexican regulator of GMO corn permit | Reuters

> Bayer criticized Mexico's health regulator Cofepris for rejecting a GMO corn permit as unscientific. The rejection followed a broader planned prohibition on glyphosate-tolerant GMO crops. Industry groups warned that a ban covering animal feed could raise food prices and risk a trade dispute with the United States.

- Date: 2021-10-08 · published 2021-10-08T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/44532-bayer-blasts-unscientific-rejection-by-mexican-regulator-of-gmo-corn-permit
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A ban on imports of glyphosate-tolerant GMO corn that reaches feed use would cut demand for U.S. corn exports to Mexico, the largest market. That is bearish for corn prices and raises trade-dispute risk.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-10-08 | [Mexico quietly rejects application for GMO corn imports - Pro Farmer](https://feedsoft.ai/events/44534-mexico-quietly-rejects-application-for-gmo-corn-imports-pro-farmer.md) | -2.4% | +6.0% |
| CORN | 2023-04-06 | [After growing GM corn for decades, some US farmers open to Mexican restrictions \| Reuters](https://feedsoft.ai/events/36378-after-growing-gm-corn-for-decades-some-us-farmers-open-to-mexican-restrictions.md) | -0.4% | -2.0% |
| CORN | 2022-10-27 | [EXCLUSIVE: EXCLUSIVE Mexico to proceed with GMO corn ban, seeks international grain deals -official \| Reuters](https://feedsoft.ai/events/39106-exclusive-exclusive-mexico-to-proceed-with-gmo-corn-ban-seeks-international.md) | -2.0% | -2.6% |
| CORN | 2023-04-27 | [U.S. trade consultations on Mexico's GMO corn rule 'unacceptable violation' of law -Mexican official](https://feedsoft.ai/events/36379-u-s-trade-consultations-on-mexico-s-gmo-corn-rule-unacceptable-violation-of-law.md) | -0.9% | -4.0% |
| CORN | 2024-03-07 | [Mexico waiting on US proof that GM corn safe for its people, deputy ag minister says \| Reuters](https://feedsoft.ai/events/31177-mexico-waiting-on-us-proof-that-gm-corn-safe-for-its-people-deputy-ag-minister.md) | +1.4% | -1.8% |

## Sources

- reuters.com: https://www.reuters.com/world/americas/bayer-blasts-unscientific-rejection-by-mexican-regulator-gmo-corn-permit-2021-10-08/

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