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A Genetic Literacy Project repost of an Agri-Pulse commentary by Daren Bakst asks whether the Biden administration can challenge Mexico's ban on glyphosate and GMO corn. The piece notes Mexico is the top export market for U.S. corn, over 90% of which is genetically engineered.
The commentary highlights the risk to U.S. corn export demand if Mexico's ban is enforced, but it reports no new government action that moves prices.
geneticliteracyproject.orgSabrina HalvorsonMay 19, 2021After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% 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.
