# Revealed: Monsanto owner and US officials pressured Mexico to drop glyphosate ban | Monsanto | The Guardian

> Reports say the Monsanto owner and U.S. officials pressured Mexico to drop its glyphosate ban. U.S. corn exports to Mexico are about $3 billion a year, and roughly 90% of U.S. corn is genetically engineered.

- Date: 2021-02-16 · published 2021-02-16T12:00:00.000Z
- Category: policy · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/48620-revealed-monsanto-owner-and-us-officials-pressured-mexico-to-drop-glyphosate
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Diplomatic pressure may or may not reverse Mexico's GM corn restrictions, so the outcome for U.S. corn export demand remains uncertain.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2021-07-27 | [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 | 2021-02-24 | [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 | 2021-03-02 | [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

- theguardian.com: http://www.theguardian.com/business/2021/feb/16/revealed-monsanto-mexico-us-glyphosate-ban

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