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Mexican livestock producers and other industry teams visited Kansas to explore closer US collaboration. The article notes Mexico bought 13.3 million tonnes of US corn in the last full marketing year, plus sorghum, barley and DDGS, and cites a potential ethanol market of 720 million gallons.
Mexico's large and growing demand for US corn, sorghum, barley and DDGS supports US export prices, and the ethanol opening adds potential corn demand.
grains.orgmultilingualAug 31, 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.
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.
