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Mexico has issued more than 200 event authorizations for 11 GM crops, with corn accounting for nearly as many as the other ten combined. The USTR is pursuing a USMCA dispute over Mexico's restrictions on GM corn in tortillas and in products for human consumption and animal feed.
Mexico's Economy Secretary argues that cross-pollination threatens its many native corn varieties.
The article describes the regulatory background of the GM corn dispute, and the restrictions it covers keep US corn exports to Mexico under pressure. It contains no new decision that would move prices on its own.
opportimes.comRedacción OpportimesDec 13, 2023After 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.
