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U.S. farmers are urging Washington to challenge Mexico's planned ban on genetically modified corn, which a 2020 decree would phase out by 2024. Mexico imports about 17 million tonnes of U.S. corn a year and is on track to import more this year.
Farmers want the USTR to start a USMCA dispute settlement proceeding.
A Mexican ban on GM corn imports would remove a large share of U.S. corn export demand, which is bearish for corn prices. Uncertainty over the ban is also weighing on the outlook for Mexican feed grain buying.
reuters.comCassandra Garrison26 sept 2022Tras 310 eventos bajista de política pasados, Maíz se movió una mediana de +0,3 % en 5 sesiones (54% al alza; mitad central entre -1,4 % y +1,9 %), y +0,6 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
