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Mexico's Senate approved a law designating over 60 traditional corn varieties as part of the national heritage and protecting native corn against competition from hybrid and GM corn. All corn sold in Mexico will be labeled by production method.
Mandatory labeling and heritage protection could limit the spread of hybrid and GM corn in Mexico, a major corn importer, with modest implications for corn demand and pricing as the USMCA takes effect.
mexiconewsdaily.comLeigh ThelmadatterApr 4, 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.
