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Mexico's Official Gazette-related decree, released on CONAMER's website, confirms a phase-out of glyphosate use over four years and of GMO corn for human consumption by 2024. An organic producers' group welcomed the proposal but asked for a glyphosate-free label.
This is a follow-up to the earlier draft on the same proposal, reinforcing the expected long-run decline in Mexican demand for GE corn for food use. The near-term price impact is modest because it mainly concerns food uses and the phase-out runs to 2024.
sustainablepulse.comAbout the Author Sustainable Pulse18 dic 2020Tras 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.
