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The Council of Canadians filed a brief ahead of the USMCA dispute panel hearings on Mexico's GMO corn laws. It argues the panel should closely examine whether the scientific evidence presented by the US and Canada is independent of industry sources.
The brief also criticizes Canada for demanding scientific justification from Mexico.
This is an advocacy submission with no new policy decision, so it has little direct effect on grain flows or prices. It only signals that the dispute remains contested.
canadians.orgCouncil of CanadiansDec 1, 2023After 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.
