# Mexico's Lopez Obrador has a farm problem | Reuters

> A Reuters piece on Mexican President Lopez Obrador's farm policies notes that CBOT corn and wheat contracts are both down about 21% from a year earlier as global supply concerns have eased. The excerpt is brief and mostly describes price levels.

- Date: 2023-06-27 · published 2023-06-27T12:00:00.000Z
- Category: market · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/35517-mexico-s-lopez-obrador-has-a-farm-problem-reuters
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Lower CBOT corn and wheat prices reflect easing supply concerns, which keeps imported feed grain costs down for Mexican buyers. The excerpt does not describe a new policy shock.

## Read by commodity

- CORN: neutral
- WHEAT: neutral

## Sources

- reuters.com: https://www.reuters.com/world/americas/mexicos-lopez-obrador-has-farm-problem-2023-06-27/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.