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USDA commended Mexico's action declaring ineffective GE corn measures challenged in the USMCA dispute. The action safeguards about $5.6 billion in US corn exports to Mexico.
USDA and USTR will continue to monitor compliance.
Protecting access to the largest export market for US corn supports demand and underpins corn export prices.
usda.govFeb 6, 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.
