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A MAIZALL delegation visited Mexico August 13-18 to meet government and industry officials about the 2020 presidential decree banning GM corn for human consumption by 2024. The group also raised concerns about Mexico's lack of approvals for new GM corn events since May 2018.
Lack of GM event approvals and the decree threaten Mexico's 17 million tonne annual GM corn imports, a risk to US and South American corn export demand.
maizallalliance.orgAug 19, 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.
