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DTN reports that Mexican business leaders are waiting on the outcome of NAFTA renegotiation before making investment decisions. A small Nuevo Leon feed mill owner says plans for a bigger mill are on hold, and he relies on US sorghum and corn.
Uncertainty over NAFTA could slow Mexican feed-mill expansion and weigh on future US grain and sorghum export demand to Mexico.
dtnpf.comAug 9, 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.
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.
