# USTR pushing Mexico on biotech; still formulating China plan | 2021-08-04  | Agri-Pulse Communications, Inc.

> U.S. Trade Representative Katherine Tai said the Biden administration is pressing Mexico to resume approvals of genetically modified crops. Mexico has not approved a new ag biotech trait since May 2018, blocking 23 traits in apples, canola, corn, soybeans and potatoes.

- Date: 2021-08-04 · published 2021-08-04T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/45530-ustr-pushing-mexico-on-biotech-still-formulating-china-plan-2021-08-04-agri
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The stalled approvals and Mexico's proposed GMO restrictions threaten U.S. corn and soybean export access to a key buyer, which is bearish for those prices if the dispute escalates.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-01-19 | [Taylor: US tells Mexico biotech corn restrictions won’t stand \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/37747-taylor-us-tells-mexico-biotech-corn-restrictions-won-t-stand-agri-pulse.md) | -1.6% | -1.2% |
| 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 | 2023-04-12 | [USTR faces option of dispute with Mexico over GM white corn \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/36383-ustr-faces-option-of-dispute-with-mexico-over-gm-white-corn-agri-pulse.md) | +0.7% | -0.9% |
| CORN | 2023-05-10 | [US strategizes while Mexico erects defenses on potential GM corn case \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/35909-us-strategizes-while-mexico-erects-defenses-on-potential-gm-corn-case-agri.md) | -7.0% | -9.7% |
| CORN | 2017-10-25 | [Mexican grain buyers haven’t given up on the US … yet \| 2017-10-25 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/68430-mexican-grain-buyers-haven-t-given-up-on-the-us-yet-2017-10-25-agri-pulse-agri.md) | -1.4% | -5.3% |
| 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 | 2019-08-06 | [China revokes tariff exemption on soybeans \| 2019-08-06 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/57445-china-revokes-tariff-exemption-on-soybeans-2019-08-06-agri-pulse-agri-pulse.md) | +1.3% | +0.7% |
| 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

- agri-pulse.com: https://www.agri-pulse.com/articles/16281-ustr-pushing-mexico-on-biotech-still-formulating-china-plan

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