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The Alliance for Science published the same critique of Mexico's government's stance on GM crops, saying AMLO's administration has opposed transgenic crops and appointed anti-GMO activists to key positions. It says a national ban on GM corn stopped research and limited farmers' access to drought and heat-tolerant seed technology.
The article calls the policy damaging to producers and consumers.
Persistent limits on biotech corn could keep Mexico's domestic production below potential and sustain demand for imported corn. The commentary contains no new policy action, so the price impact is expected to be small.
allianceforscience.orgLuis VenturaSep 18, 2020After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.
