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Mexican President Claudia Sheinbaum said her government will present a plan in the coming days to protect non-GM white corn under the constitution. Mexico is self-sufficient in white corn but imports GM yellow corn from the US, mainly for livestock feed.
A constitutional ban on GM corn could reduce long-term Mexican demand for US yellow corn feed imports, a key export market for corn.
reuters.comNov 14, 2024After 310 past bearish policy events, CORN moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% 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.
