Loading…
Mexico's Deputy Agriculture Secretary Victor Suarez said Mexico is waiting for the United States to prove imported genetically modified corn is safe for Mexicans. He made the remarks as Mexico filed a written submission to a USMCA panel in an ongoing trade dispute.
The dispute threatens Mexico's large GM corn import demand, which is a key outlet for US feed corn, so a ruling or escalation could shift export flows and corn basis.
reuters.comAdriana BarreraMar 7, 2024After 683 past bearish trade events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.
