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Mexico's corn output cannot meet demand, so the country relies increasingly on imports of yellow corn, mostly from the US. Imports are expected to cover about half of consumption in 2024/25, up from about a third a decade ago.
Rising temperatures, droughts and the GM ban add pressure.
Growing Mexican import needs support US yellow corn export demand, which is supportive for corn prices and freight flows.
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.
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.