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Negotiators from the US, Mexico and Canada met in Mexico City for the fifth round of NAFTA talks, with corn as a major issue. Corn is Mexico's largest agricultural import from the US, and critics say cheap US varieties are harming Mexico's maize heritage.
Any NAFTA changes affecting corn trade would directly affect US corn export demand to Mexico, which is the largest outlet for US corn-based feed exports, so buyers should watch the talks closely.
aljazeera.comNov 18, 2017After 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.
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.
