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A letter from 27 food and agriculture associations to USDA and USTR says U.S. food trade with Mexico has declined markedly. Concerns include the GMO corn ban, dairy barriers, organic certification, a campaign against corn sweeteners, and a halt to biotech approvals.
A broad list of trade barriers signals persistent risk to U.S. farm exports to Mexico, its largest food market. Continued friction could limit corn and other feed-related demand over time.
farmprogress.comJacqui FatkaMar 22, 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.
