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Mexico, the largest importer of U.S. corn, is preparing to ban genetically modified corn and glyphosate. The Los Angeles Times podcast discusses the implications for Mexico and the United States with a reporter and a company that buys non-GMO corn from Mexican farmers.
A Mexican ban on GMO corn for food would threaten a major U.S. corn export outlet and could shift Mexican demand toward costlier non-GMO imports, weighing on U.S. corn prices.
latimes.comAug. 12, 2021 5 AM PTAug 12, 2021After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.
