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An IATP commentary examines US proposals to export its non-regulatory approach to genetically engineered crops into a NAFTA 2.0 mutual recognition agreement. It argues Mexico and Canada would have to accept US biotech 'no issues' letters as valid.
If adopted, a mutual recognition provision could ease US biotech corn and other crop exports into Mexico, but the proposal is still under negotiation and has no immediate price effect.
iatp.orgDr. Steve SuppanNov 6, 2017After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.
