
Mexico’s Agriculture Secretariat said strategic reserves and government procurement programs would maintain the supply of white corn for human consumption and prevent increases in flour and tortilla prices. The report cites drought and reduced planted area in at least seven states, with national corn planting estimated to fall from 6 million to 5.4 million hectares and sharp production losses in some regions.
Drought-related acreage and yield losses could tighten Mexican corn availability and support prices, while reserves and procurement are intended to offset the shortfall and limit consumer-price increases.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.