The sixth round of NAFTA modernization negotiations is taking place in Montreal, with U.S. Grains Council staff attending to explain the agreement's importance to U.S. coarse grain and co-product exports. Council officials will speak at a trilateral press conference on January 26.
Uncertainty over NAFTA terms threatens Mexico's status as a major buyer of U.S. corn, DDGS and sorghum, so any signal of breakdown could weigh on those prices while progress would support them.
After 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.