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Mexico's health regulator Cofepris has quietly approved and rejected GMO traits without publishing results, with rejections concentrated on glyphosate-resistant corn. Mexico was the largest foreign market for US corn last year, taking about 25% of US exports.
Opaque trait approvals add to doubt about future US corn shipments to Mexico, a key export buyer, which weighs on US corn demand expectations.
agri-pulse.comBill TomsonOct 26, 2022After 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.
