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Mexico's corn imports, mostly U.S. yellow corn, are on track to break their annual record, potentially reaching 17.9 million metric tons this year. Growth is driven by demand for animal feed despite government calls for self-sufficiency.
Strong Mexican feed-corn import demand supports U.S. corn export pull and prices, with the government's GM corn phase-out a key risk to watch.
mexicotoday.comSep 28, 2021After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
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.
