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The Biotechnology Innovation Organization praised the USMCA panel ruling that Mexico's biotech corn ban is not science-based and violates the agreement. The ban was never implemented, and drought in Mexico drove record US corn sales there.
The ruling protects the largest market for US biotech corn, supporting feed corn demand, though the ban was never enforced.
bio.newsTom PopperJan 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.
