Loading…
A senior US trade official said the US has a strong case in its USMCA dispute with Mexico over genetically modified corn and expects a panel decision this fall. Mexico buys about $5 billion of GM corn annually, mostly for livestock feed.
Mexico's president-elect Sheinbaum has said she will focus on growing agri-food exports.
The dispute covers a large share of US corn exports to Mexico, so the outcome matters for feed corn demand, though the decision is still months away.
world-grain.comArvin DonleyJul 23, 2024After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.
