IBOV 182,377.03 ▼ 0.60% IPSA 11,205.07 ▼ 0.46% IPC MEX 64,992.23 ▲ 1.13% MERVAL 2,845,157 ▼ 1.68% COLCAP 2,585.25 ▲ 0.02% BVL PERÚ 60,698.35 ▼ 1.31% USD/BRL5.22▲ 0.75% USD/MXN17.85▲ 0.93% USD/CLP968.04▲ 0.67% USD/COP3,362▲ 2.25% USD/PEN3.44▲ 1.43% USD/ARS1,525▼ 0.02% USD/UYU40.39▲ 0.44% USD/PYG5,843▼ 0.46% USD/BOB11.98▼ 1.56% USD/DOP59.28▼ 0.02% USD/CRC450.38▼ 0.11% USD/GTQ7.63▼ 0.07% USD/HNL26.86▲ 0.03% USD/NIO36.62— 0.00% USD/VES854.86▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▼ 0.73% EUR/BRL5.93▲ 0.44% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 182,377.03 ▼ 0.60% IPSA 11,205.07 ▼ 0.46% IPC MEX 64,992.23 ▲ 1.13% MERVAL 2,845,157 ▼ 1.68% COLCAP 2,585.25 ▲ 0.02% BVL PERÚ 60,698.35 ▼ 1.31% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Monday, September 28, 2026

Latin America Mexico

Mexico Ally Rules Out Split That Could Cost Sheinbaum Her Supermajority

By · September 28, 2026 · 3 min read

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MEXICO · POLITICS

Key Facts

  • —The country Mexico is governed by President Claudia Sheinbaum’s party, Morena, in coalition with two smaller allies: the Labour Party (PT) and the Green Party.
  • —Why it matters Together the allies hold the two-thirds majority in the lower house needed to change the constitution. Leaders on both sides say Morena cannot reach it alone.
  • —What happened On Sunday 27 September the Labour Party leader, Alberto Anaya, ruled out a break with Morena after a week of threats over candidates for 17 governorships in 2027.
  • —Why now Morena was due to name its last seven state coordinators, its likely governor candidates, on Monday 28 September.
  • —What it means for you A split would make constitutional reforms harder to pass, including a pending dual-nationality rule for top offices. For now Mexico’s ruling coalition keeps its majority.
  • —Still open Whether the Labour Party backs Morena’s picks state by state, and whether it wins any governorship slot.

Mexico’s ruling coalition has stepped back from a public split. “We will always go with the President and we will always go in coalition,” the Labour Party leader, Alberto Anaya, said on Sunday, Proceso reported.

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The row was about who runs for governor in 2027. It mattered beyond party politics, because Morena needs its allies’ votes to change the constitution.

Carved wooden mural of revolutionary-era figures in a hall of Mexico's Chamber of Deputies
A carved wooden mural of revolutionary-era figures in a hall of the Chamber of Deputies, the lower house of Mexico’s Congress, in Mexico City. (Photo: “Palacio Legislativo de San Lázaro interiores 1” by ProtoplasmaKid, via Wikimedia Commons, CC BY-SA 4.0.)
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Why the ally threatened to walk

Seventeen of Mexico’s 32 states elect governors in 2027, alongside a new federal lower house, Alcaldes de México reported. Morena is choosing “state coordinators” by opinion poll, a post that normally leads to the candidacy.

The Labour Party won none of those slots, according to Proceso. It complained of mistreatment, El Financiero reported, and asked for a second poll that included its own contenders, Grupo Animal reported.

On 23 September its leader in the lower house, Reginaldo Sandoval, raised the stakes. “It is not enough for us to win a governorship, but it is enough to make them lose seven, eight, up to 12,” he said, as quoted by Proceso and El Financiero.

The majority behind the threat

Sandoval also warned that without his party the coalition would lack two-thirds in the Chamber of Deputies. Morena’s own floor leader there, Ricardo Monreal, largely agreed.

Without the Labour Party or the Greens, “we would not have reached the qualified majority in major constitutional reforms,” Monreal said, Grupo Animal reported. He doubted the party could cost Morena 12 states, but added: “I am practical and I say: we need the PT.”

He cited the dual-nationality ban for top offices, which he said would not pass the Senate without Labour votes.

Closing ranks at the Zócalo

Anaya spoke at Sheinbaum’s rally in Mexico City’s main square on Sunday. “We love the President very much, we have to close ranks with her,” he said, according to Proceso and El Financiero.

Sheinbaum had said she would stay out of the dispute, El Financiero reported.

Morena’s chair, Ariadna Montiel, said both allies had helped propose names and run the polls. She said Morena wants to keep Mexico’s ruling coalition together.

What Is Not Yet Known

Morena was due to name coordinators for the last seven states on Monday, El Financiero and El Diario de Juárez reported. They are Nuevo León, Chihuahua, Sonora, San Luis Potosí, Nayarit, Tlaxcala and Baja California Sur.

It is not known whether any Labour figure will be among them. Nor is it clear whether the party will back Morena’s choices in every state.

Asked whether his party would see the polls behind the picks, Anaya called it “part of an agreed procedure”, El Financiero reported. No joint coalition agreement for 2027 has yet been published.

Sources: Proceso, 27 September 2026; El Financiero, 27 September 2026; Proceso, 23 September 2026; Grupo Animal, 24 September 2026; El Financiero, 28 September 2026; El Diario de Juárez, 28 September 2026; Alcaldes de México, 21 September 2026.

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