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House Agriculture Committee members wrote to USTR Katherine Tai and Agriculture Secretary Tom Vilsack about non-tariff barriers on agricultural biotechnology. Iowa Corn Growers president Carl Jardon said Mexico has not approved a biotech product in over three years and China is delaying import approvals.
Stalled biotech approvals in China and Mexico could restrict U.S. corn and soybean trade over time, though the immediate price effect is small.
wnax.comSep 7, 2021After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
