
Mexico's economy is expected to keep growing steadily after the June presidential election, supported by strong US macro conditions. Continued US demand should boost Mexican exports and remittances, which reached a record $63.3 billion last year.
Steady Mexican growth supports livestock and poultry feed demand in Mexico, a key importer of US corn and soymeal. The outlook is supportive for feed consumption but is a long-range macro view rather than a near-term price driver.
After 151 past bullish macro events, CORN moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.
After 44 past bullish macro events, SBM moved a median -0.6% over 5 sessions (34% higher; middle half -1.9% to +0.9%), and -2.9% 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.