
U.S. farmers are urging Washington to challenge Mexico's planned ban on genetically modified corn, which a 2020 decree would phase out by 2024. Mexico imports about 17 million tonnes of U.S. corn a year and is on track to import more this year.
Farmers want the USTR to start a USMCA dispute settlement proceeding.
A Mexican ban on GM corn imports would remove a large share of U.S. corn export demand, which is bearish for corn prices. Uncertainty over the ban is also weighing on the outlook for Mexican feed grain buying.
Setelah 310 peristiwa kebijakan bearish sebelumnya, Jagung bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +1,9%), dan +0,6% 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.