Loading…
A letter from Mexico's deputy trade minister says Mexico will retaliate in kind if the US imposes restrictions on Mexican farm exports. The letter responds to US measures aimed at protecting farmers in Florida and Georgia.
The statement came days before the USMCA was signed.
Retaliation threats raise the risk of reduced US farm exports to Mexico, one of the largest markets for US food and agricultural goods. This adds uncertainty to trade flows for US grains and oilseeds.
theglobeandmail.comSharay AnguloJan 30, 2020After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% 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.
