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Mexican President Andrés Manuel López Obrador, who took office December 1, 2018, is pursuing an agriculture plan aimed at self-sufficiency in basic grains and support for family farmers. Farmers' organizations have endorsed a 21st-century Plan de Ayala referencing land reform.
The article is an opinion piece on these plans.
A push for grain self-sufficiency in Mexico could eventually reduce Mexican corn imports from the US, a long-term bearish factor for US corn exports, though the article gives no near-term price mechanism.
iatp.orgKaren Hansen-KuhnJan 15, 2019After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% 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.
