
Uncertainty persists over whether Mexico will enforce its decree banning GM corn, which calls for phasing out GM corn and glyphosate by January 2024. US and trade groups continue talks with Mexican leaders, and US Agriculture Secretary Vilsack has warned of higher food costs.
Mexico imports about 17 million tonnes of GM corn annually, mainly from the US.
A enforced ban would remove a large export outlet for US corn, bearish US corn prices and bullish Mexican import costs, though the outcome remains unresolved.
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.