Loading…
The U.S. Grains Council and partner organizations led a delegation to Mexico, their top coarse grain and co-product customer, to meet buyers and incoming government officials. The trip followed the conclusion of USMCA negotiations and preceded the December 1 swearing-in of President-elect López Obrador.
Routine trade promotion with no new purchase or policy change, so the direct price effect is limited. Stable relations with Mexico support steady U.S. corn, sorghum and barley export demand.
grains.orgNov 8, 2018After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Not enough comparable past events yet for a historical read.
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.
