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Mexico continues to amend its proposed ban on genetically modified corn while a USMCA dispute settlement with the US and Canada is ongoing. The latest amendment changes language on GM corn in human foods such as tortillas and masa.
Ongoing rule changes add uncertainty to Mexican white corn imports, which could disrupt grain movement and weigh on U.S. corn export prices.
brownfieldagnews.comJul 20, 2023After 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.
