# Monsanto acquisition by Bayer will be limited in Mexico

> Bayer's roughly $63 billion acquisition of Monsanto closed on June 7, and the company will face restrictions in Mexico due to its combined market share. Bayer and Monsanto together have large crop protection and seed operations in Mexico.

- Date: 2018-06-05 · published 2018-06-05T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/64508-monsanto-acquisition-by-bayer-will-be-limited-in-mexico
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The deal is an agribusiness corporate event with little direct effect on feed grain or protein supply and demand or prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-02-22 | [Mexico to offer up to USD$20 billion in forex hedges to aid battered peso \| El Universal](https://feedsoft.ai/events/72717-mexico-to-offer-up-to-usd-20-billion-in-forex-hedges-to-aid-battered-peso-el.md) | -0.1% | -1.6% |
| CORN | 2021-04-30 | [Inflation-tolerant Fed will boost commodity prices \| Reuters](https://feedsoft.ai/events/47512-inflation-tolerant-fed-will-boost-commodity-prices-reuters.md) | +5.0% | -2.1% |
| CORN | 2021-02-17 | [Fed minutes show willingness to steer past coming jump in inflation \| Reuters](https://feedsoft.ai/events/48543-fed-minutes-show-willingness-to-steer-past-coming-jump-in-inflation-reuters.md) | +0.3% | -4.7% |
| CORN | 2017-02-28 | [Trump Was Going to Kill Mexico’s Peso. It’s Doing Just Fine - Bloomberg](https://feedsoft.ai/events/72712-trump-was-going-to-kill-mexico-s-peso-it-s-doing-just-fine-bloomberg.md) | +0.9% | -1.1% |
| CORN | 2019-01-30 | [US Dollar In Sharp Sell-off Vs Euro, Pound As FED Confirms Will Be 'Patient' On Future Hikes](https://feedsoft.ai/events/61288-us-dollar-in-sharp-sell-off-vs-euro-pound-as-fed-confirms-will-be-patient-on.md) | +0.2% | -0.3% |

## Sources

- eluniversal.com.mx: https://www.eluniversal.com.mx/english/monsanto-acquisition-bayer-will-be-limited-in-mexico/

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