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Study finds Mexico’s biotech ban costly

Mexico’s government-issued decree expressing a policy goal to gradually phase out glyphosate and GM corn use in the country by 2024 continues to cause concern for those in the U.S. and Mexico corn market. A coalition of leading food and agriculture industry stakeholders in both Mexico and the United States released a new study revealing the broad impacts of Mexico’s proposed ban on biotech corn.

The report, which was conducted in September 2022 by World Perspectives Inc. and updates a report published earlier this year, reveals that the proposed restrictions would adversely impact food security in North America and raise consumer prices for corn, basic foods, and other critical products derived from corn, particularly in Mexico.

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