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US corn farmers are warning that Mexico's plan to phase out genetically modified corn could cost them their businesses and billions of dollars. The article describes the threat to the largest single export market for US corn.
Loss of Mexico's feed corn demand would reduce US corn export volumes and could pressure domestic corn prices.
markets.bostonherald.comAssociated PressMar 6, 2019After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.
