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US Grains Council officials met with stakeholders and the US Agricultural Trade Office in Monterrey to support US-Mexico corn trade amid rail logistics challenges. Mexico imported 15.3 million tonnes of corn in 2023 and expects 14-16 million tonnes of yellow corn imports this year.
Mexico's strong import outlook supports US yellow corn demand, though rail disruptions and the GM dispute add risk to shipments.
world-grain.comSusan ReidyJun 7, 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.
