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A USMCA dispute panel ruled that Mexico's restrictions on genetically modified corn imports were not grounded in science and violated the trade agreement. Mexico has until Feb.
3 to comply and says it will respect the decision despite disagreeing.
Removing the threat to Mexico's large yellow corn purchases supports US corn export demand, mainly for animal feed, which is supportive for corn prices.
agriculturedive.comSarah ZimmermanJan 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.
