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A CONAHCYT scientific analysis argues that GM corn and glyphosate pose unacceptable health risks, and it underpins Mexico's 2023 decree restricting GM corn and phasing out glyphosate. The US has challenged these measures under USMCA, and a decision is expected soon.
The scientific backing strengthens Mexico's case to keep limiting GM corn imports, which could reduce demand for US corn and supports a cautious outlook for US corn exports.
timothyawise.comTimothy A. WiseNov 27, 2024After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.
