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Mexican lawmakers are seeking to pass a Federal Law for the Promotion and Protection of Native Corn that would legally recognize native corn cultivation as part of the country's food heritage. The bill has passed the Senate and Chamber of Deputies, but its next step, approval by the Commission of Agriculture, is stalled.
The draft would support smallholder producers, who receive low prices, while Mexico imports about one-third of its corn.
Support for native corn growers is unlikely to change Mexico's import dependence in the near term, so the direct effect on US corn export demand is limited. The law could shift domestic Mexican corn production over time if it passes.
foodnavigator.comNiamh Michail27 nov 2019Tras 439 eventos neutral de política pasados, Maíz se movió una mediana de +0,1 % en 5 sesiones (51% al alza; mitad central entre -1,3 % y +1,2 %), y +1,1 % 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.
