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Mexico issued a decree stating it will revoke and refrain from granting permits for the release of genetically modified corn seeds into the environment, and mandated the phase-out of GMO corn imports by 2024. Mexico's farm lobby criticized the ban, while organic growers welcomed it.
The decree was issued on a Thursday evening, reported as of January 2.
A mandated phase-out of GMO corn imports threatens a major export market for US corn and is bearish for CORN. Opposition from Mexican farm groups suggests the rules could be softened, which limits the price impact.
reuters.comLaura Gottesdiener2 ene 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.
