Loading…
Reports say the Monsanto owner and U.S. officials pressured Mexico to drop its glyphosate ban. U.S. corn exports to Mexico are about $3 billion a year, and roughly 90% of U.S. corn is genetically engineered.
Diplomatic pressure may or may not reverse Mexico's GM corn restrictions, so the outcome for U.S. corn export demand remains uncertain.
theguardian.comCarey GillamFeb 16, 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.
