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Mexico formally declared ineffective two measures from the 2023 corn decree on February 5 after the US won a USMCA dispute. The measures were a ban on GE corn in dough and tortillas and a phase-out of GE corn in other food uses and animal feed.
The panel ruled in favor of the US on all seven claims.
Official repeal removes a threat to US corn sales into Mexico, supporting export demand for corn.
world-grain.comJohn ReidyFeb 7, 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.
