# Mexico to Ban Glyphosate, GM Corn Presidential Decree Comes Despite Intense Pressure from Industry, U.S. Authorities | Inter Press Service

> A presidential decree in Mexico will phase out glyphosate use and GM corn cultivation, and the government has clarified that GM corn imports will end within three years. The ban covers yellow corn mainly used for livestock feed, not only food corn. U.S. exports to Mexico have risen about 400% under NAFTA, mostly GM yellow dent corn.

- Date: 2021-02-24 · published 2021-02-24T12:00:00.000Z
- Category: policy · region Mexico · magnitude high
- Page: https://feedsoft.ai/events/48619-mexico-to-ban-glyphosate-gm-corn-presidential-decree-comes-despite-intense
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A phase-out of GM yellow corn imports removes a key feed-grain market for U.S. corn, which is bearish for corn prices.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-07-27 | [Mexico Court Upholds Presidential Decree to Ban Glyphosate, GMOs  - AgriBusiness Global](https://feedsoft.ai/events/46041-mexico-court-upholds-presidential-decree-to-ban-glyphosate-gmos-agribusiness.md) | +1.1% | -1.8% |
| CORN | 2021-05-24 | [Mexican judge rejects industry bid to halt GMO corn, glyphosate ban](https://feedsoft.ai/events/47083-mexican-judge-rejects-industry-bid-to-halt-gmo-corn-glyphosate-ban.md) | -0.3% | +2.2% |
| CORN | 2021-01-15 | [Bans on GMO corn, glyphosate in Mexico would shrink food supplies, industry says \| Reuters](https://feedsoft.ai/events/49129-bans-on-gmo-corn-glyphosate-in-mexico-would-shrink-food-supplies-industry-says.md) | -0.1% | +3.6% |
| CORN | 2023-02-14 | [Mexico’s President Issues New Decree Prohibiting GM Corn Amid Ongoing Dispute With US](https://feedsoft.ai/events/37300-mexico-s-president-issues-new-decree-prohibiting-gm-corn-amid-ongoing-dispute.md) | -0.8% | -5.8% |
| 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

- iatp.org: https://www.iatp.org/blog/202102/mexico-ban-glyphosate-gm-corn
- ipsnews.net: https://www.ipsnews.net/2021/02/mexico-ban-glyphosate-gm-corn-presidential-decree-comes-despite-intense-pressure-industry-u-s-authorities/

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