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Mexico's economy minister Raquel Buenrostro said Mexico will make no further changes to its GMO corn decree ahead of a USMCA dispute panel requested by the US and Canada. Mexico says its ban on GMO corn for tortillas is science-based, while the US calls it unfounded.
Mexico imports about $5 billion of US corn annually, mostly yellow feed corn.
Mexico's refusal to ease the decree keeps trade uncertainty elevated, but feed-grade GMO corn remains exempt, so the direct price impact on yellow corn is limited for now.
non-gmoreport.comKendra Morrison2 Okt 2023Setelah 480 peristiwa perdagangan netral sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,1% sampai +1,6%), dan +0,7% 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.
