
Kenyan feed millers are asking the government to allow imports of genetically modified yellow maize and soybeans to lower high feed production costs. The Agriculture ministry has so far declined, citing Kenya's 2012 GMO import ban, and the sector faces shortages of soya, sunflower and cottonseed cake.
Kenyan feed makers facing ingredient shortages would bid for imported maize, soymeal and oilseed cakes if the ban is lifted, which could lift East African import demand. The outcome remains uncertain and the impact on world prices would be small.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.