Loading…
An IATP commentary covers the USMCA dispute over Mexico's restrictions on GE corn and glyphosate, now moving to dialogue with panelists. Mexico argues its phase-out plans are aspirational and that its end-use restrictions on white corn do not restrict imports.
Corn exports to Mexico have risen substantially in recent years.
Mexico's position that current rules do not restrict feed imports suggests US corn exports can continue, limiting the price risk from the dispute.
iatp.orgKaren Hansen-KuhnJul 15, 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.
