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The US and Mexico are in an official trade dispute over Mexico's ban on genetically modified corn in tortillas and its glyphosate phaseout. An analyst interviewed explains the health concerns behind the Mexican measure.
The ongoing dispute keeps uncertainty over US corn exports to Mexico, the largest buyer, which can weigh on sentiment for corn and feed-grain basis.
kjzz.orgLauren GilgerSep 24, 2024After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
