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US Agriculture Secretary Vilsack said he was disappointed by Mexican President López Obrador's decree, which drops the deadline for halting GMO corn imports for livestock feed. The statement was issued on Tuesday.
The decree removes a near-term threat to US feed-corn sales to Mexico, but the official rebuke raises the chance of a USMCA dispute that could disrupt trade flows.
bloomberg.comEric Martin, Mike DorningFeb 14, 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.
