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A USTR official says the dispute settlement panel challenging Mexico's GMO corn ban is still moving forward, with documentation translation causing delays. He reports no large-scale drop in US corn volumes to Mexico yet, though some importers had delayed or cancelled contracts.
He expects a resolution by late spring.
Contract delays and the uncertain timeline add near-term risk to US corn export demand, but no volume loss has yet shown up in trade flows. Prices are likely to be affected mainly if the ban takes effect as planned.
brownfieldagnews.comCarah Hart8 Des 2023Setelah 683 peristiwa perdagangan bearish sebelumnya, Jagung bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,7% sampai +1,6%), dan +0,3% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
