# Mexico Court Upholds Presidential Decree to Ban Glyphosate, GMOs  - AgriBusiness Global

> A Mexican court upheld President López Obrador's decree to phase out glyphosate and GMO products by 2024, allowing the plan to proceed. Reports indicate Mexico is also using import licenses to deny GMO corn shipments before any formal phase-out timeline.

- Date: 2021-07-27 · published 2021-07-27T12:00:00.000Z
- Category: policy · region Mexico · magnitude high
- Page: https://feedsoft.ai/events/46041-mexico-court-upholds-presidential-decree-to-ban-glyphosate-gmos-agribusiness
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Mexico takes in roughly 16 million tonnes of US yellow corn a year, mostly for livestock feed, so a ban or de facto import blockage threatens a major export outlet and could weigh on US corn and feed prices.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-02-24 | [Mexico to Ban Glyphosate, GM Corn Presidential Decree Comes Despite Intense Pressure from Industry, U.S. Authorities \| Inter Press Service](https://feedsoft.ai/events/48619-mexico-to-ban-glyphosate-gm-corn-presidential-decree-comes-despite-intense.md) | +0.7% | +5.4% |
| CORN | 2021-02-19 | [Mexico pressing ahead with GMO corn, glyphosate bans, says key official \| Reuters](https://feedsoft.ai/events/48618-mexico-pressing-ahead-with-gmo-corn-glyphosate-bans-says-key-official-reuters.md) | +0.6% | -5.3% |
| CORN | 2021-02-16 | [Revealed: Monsanto owner and US officials pressured Mexico to drop glyphosate ban \| Monsanto \| The Guardian](https://feedsoft.ai/events/48620-revealed-monsanto-owner-and-us-officials-pressured-mexico-to-drop-glyphosate.md) | +1.5% | -3.8% |
| CORN | 2020-12-15 | [Mexico proposes ban on glyphosate and GE corn - Brownfield Ag News](https://feedsoft.ai/events/49604-mexico-proposes-ban-on-glyphosate-and-ge-corn-brownfield-ag-news.md) | -1.7% | +15.6% |
| CORN | 2021-03-02 | [Mexico To Phaseout GM Corn Imports And Glyphosate Use - SAIFood](https://feedsoft.ai/events/48118-mexico-to-phaseout-gm-corn-imports-and-glyphosate-use-saifood.md) | +6.1% | +5.5% |

## Sources

- agribusinessglobal.com: https://www.agribusinessglobal.com/markets/mexico-court-upholds-presidential-decree-to-ban-glyphosate-gmos/

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