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US Trade Representative Katherine Tai said the US will keep pursuing resolution of Mexico's GM corn import ban through the USMCA dispute panel. She argued the policy threatens US farmers, and the panel outcome is expected around March.
Continued US pressure keeps the threat to Mexican corn demand in play, but no new measure has yet changed trade flows.
mexicobusiness.newsFeb 20, 2024After 480 past neutral trade events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
