Loading…
Mexican agricultural groups and companies are preparing appeals against the decree on transgenic corn, according to the USDA. The USDA says the decree is loosely worded and no details on implementation or deadlines have been provided.
Most US corn shipped to Mexico is yellow feed corn, so ambiguity over the ban's scope adds risk to US corn export demand and could pressure prices.
opportimes.comRedacción OpportimesApr 15, 2021After 310 past bearish policy events, CORN moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% 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.
