# » Mexico Proposes Gradual Phase Out of Glyphosate

> Mexican President Lopez Obrador ordered a gradual phase-out of glyphosate use by 2024, according to the US Dry Bean Council. The council says no import restrictions have been imposed yet but worries that low or zero residue tolerances could follow.

- Date: 2020-08-25 · published 2020-08-25T12:00:00.000Z
- Category: policy · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/51585-mexico-proposes-gradual-phase-out-of-glyphosate
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A possible move toward zero herbicide residue tolerances in Mexico could disrupt US agricultural export trade, a modest downside risk for US grain and bean demand.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| CORN | 2020-12-18 | [Mexico Confirms Phase-Out of GMO Corn and Glyphosate Herbicides as World Recognizes Leydy Pech - Sustainable Pulse](https://feedsoft.ai/events/49606-mexico-confirms-phase-out-of-gmo-corn-and-glyphosate-herbicides-as-world.md) | -2.1% | +15.5% |
| 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 | 2021-01-05 | [Mexico bans GMO corn, plans to phase out imports \| Feed Strategy](https://feedsoft.ai/events/49126-mexico-bans-gmo-corn-plans-to-phase-out-imports-feed-strategy.md) | +3.1% | +14.6% |
| SOY | 2025-03-25 | [US grain industry warns of economic fallout from proposed shipping rules \| Feed & Grain](https://feedsoft.ai/events/25781-us-grain-industry-warns-of-economic-fallout-from-proposed-shipping-rules-feed.md) | +0.7% | +2.8% |
| SOY | 2026-06-02 | [Argentina to Gradually Reduce Export Taxes on Ag Products](https://feedsoft.ai/events/13794-argentina-to-gradually-reduce-export-taxes-on-ag-products.md) | -5.5% | -5.4% |
| SOY | 2021-11-17 | [EU proposes law preventing import of goods linked to deforestation](https://feedsoft.ai/events/44100-eu-proposes-law-preventing-import-of-goods-linked-to-deforestation.md) | +1.7% | +0.9% |

## Sources

- usdrybeans.com: https://usdrybeans.com/2020/08/25/mexico-proposes-gradual-phase-out-of-glyphosate/

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