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Mexico's President Sheinbaum said after a friendly call with Trump that she hopes to ease tariff tensions. The peso strengthened close to 1% early on Thursday after weakening in recent days.
Easing of the threatened 25% tariffs on Mexico would support US corn and soymeal export demand to a key buyer and reduce currency volatility.
Not enough comparable past events yet for a historical read.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% 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.