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Mexico's environment ministry has denied imports of a thousand tons of glyphosate and is pushing to eliminate its use. Crop protection industry representatives warn that weed control losses could reduce yields for corn, sorghum and other crops.
Restricted glyphosate supply could reduce Mexican crop yields for corn and sorghum, which may tighten grain supply and support prices over time.
geneticliteracyproject.orgJon EntineJun 17, 2020After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
Not enough comparable past events yet for a historical read.
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.
