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Mexico's Supreme Court reportedly refused to hear Monsanto's appeal on GMO maize permits, sending the matter to a collegiate civil court. The case concerns a 2013 precautionary measure that banned GMO maize planting authorizations.
The outcome keeps Mexico's GMO maize planting restrictions in place, a domestic policy issue with minimal direct effect on US corn export prices.
sustainablepulse.comAbout the Author Sustainable PulseMay 12, 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.
