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Mexico rescinded portions of a decree banning genetically modified corn, according to the National Corn Growers Association. The move follows a USMCA dispute panel ruling in December that found Mexico had violated its trade commitments, and the settlement process is still ongoing.
Easing the GMO corn ban supports US corn export demand to Mexico, the top destination for US corn, which is mildly supportive for corn prices.
ohiocornandwheat.orgwpadminMar 1, 2025After 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.
