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An opinion piece argues Canada's dairy supply management offers a model for Mexico's corn policy under CUSMA. It cites Mexico's 2006-07 tortilla crisis after rising global demand drove up U.S. corn prices.
Mexico is contesting the purported advantages of lower-priced U.S. corn.
Mexico's stated push for corn self-reliance signals continued risk to U.S. corn import demand, though the piece offers no new policy action.
nationalobserver.comErnesto Hernández-LópezJan 16, 2024After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% 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.
