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Nearly all corn and soybean acreage in the world's largest exporting countries is planted with genetically modified varieties, but GM wheat has never been grown commercially. Argentina's Bioceres is developing drought-tolerant GM wheat.
Concerns about a global food crisis linked to climate change and the war in Ukraine may be easing opposition to GM wheat.
Wider acceptance of GM wheat could eventually expand supply and ease wheat prices, but commercial availability is still years away and trade disruption risk remains a factor.
agriculture.comReutersSep 20, 2022After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% 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.
