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Agricultural experts questioned whether the incoming Mexican government can meet its goal of raising corn output by 15 million tonnes by 2024, citing limited land and water. Mexico's corn imports from the US more than doubled between 2013 and 2017.
If domestic production cannot rise as planned, Mexico will keep importing large volumes of US yellow corn, supporting US export demand and feed grain prices.
mexiconewsdaily.comMND StaffSep 13, 2018After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% 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.
