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Mexico's main farm lobby criticized the government's decree banning GM corn cultivation and phasing out GM corn imports by 2024. Organic farmer groups welcomed the measure.
A planned phase-out of GM corn imports threatens a major US corn outlet, which is bearish for US corn export demand if implemented, though the timeline is years away.
gfmdhaka.comGrain Feed, Milling NewsJan 31, 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.
