Loading…
USTR chief agricultural negotiator Doug McKalip said he expects a dispute settlement panel decision in favor of US corn producers in the fall. He said the US has held strong in its arguments against Mexico's GM corn ban under USMCA.
A ruling favoring the US would support export demand for US corn to Mexico, the largest buyer, while a loss would keep trade restricted and pressure US corn prices.
brownfieldagnews.comBrent BarnettSep 25, 2024After 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.
Not enough comparable past events yet for a historical read.
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.
