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Mexico's deputy economy minister confirmed talks with Argentina and Brazil to create duty-free corn import arrangements. Mexico currently sources about 98% of its corn from the US, which exports more than $2.5 billion of corn there annually.
Brazil produced 91.5 million tons of corn in 2016 and exports a third of it.
Duty-free South American corn would directly compete with US supplies in Mexico's market, threatening US export volumes and prices.
qz.comChase Purdy27 mar 2017Tras 683 eventos bajista de comercio pasados, Maíz se movió una mediana de -0,2 % en 5 sesiones (47% al alza; mitad central entre -1,7 % y +1,6 %), y +0,3 % 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.
