Josh Roe said Mexico has backed away from implementing an ethanol-blending requirement, but argued that an E10 standard would be a major opening for US ethanol. He framed expanded Mexican ethanol use as a potential gain for the ag sector in ongoing U.S.-Mexico trade talks.
A Mexican E10 mandate would add structured demand for US corn-based ethanol and its co-products, supporting corn and DDGS prices if talks advance.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.