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Mexico's high court dismissed challenges from Mexican farm groups to a presidential decree banning GM corn imports over a three-year phase-out. The decree still has to be turned into regulations, and the U.S. has argued the measures violate the USMCA.
Mexico was the largest U.S. feed corn export destination, with imports valued at $2.7 billion in 2019.
A legal end to the challenges makes the phase-out more likely, threatening a large share of U.S. feed corn export demand and adding pressure on corn prices.
hpj.comDavid Murray19 jun 2021Tras 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.
