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BIO, a biotech industry group, submitted comments to the USMCA panel saying Mexico's GM corn restrictions lack scientific basis. It argues Mexico's regulatory system has been predictable and science-based since 2005.
The industry filing adds pressure in the dispute but does not change trade flows, so it has little direct effect on feed corn prices.
bio.orgMar 15, 2024After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% 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.
