Mexico's agriculture sanitation authority SENASICA revoked Monsanto's permits to commercialize genetically modified soy in seven states. A federal court also upheld the ban on commercial GM corn cultivation, and Monsanto's appeal will go to the Supreme Court.
Restrictions on GM soy and corn in Mexico could add regulatory uncertainty for US biotech exports, though neither change alters current import volumes meaningfully.
After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.