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Mexico is projected to import a record 25.7 million tonnes of corn this year, nearly 5% more than last year, according to the Grupo Consultor de Mercados Agricolas. Domestic output is forecast at 22.7 million tonnes, less than half of national consumption.
Rising Mexican import needs support demand for US and other exporter corn, which tightens export availability and supports prices.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% 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.