
Mexico's health regulator Cofepris rejected a permit for a new Bayer GMO corn variety tolerant to glyphosate, a decision that was not publicly disclosed at the time. The National Farm Council said seven other GMO corn permits are pending.
Bayer said the rejection violates the USMCA trade pact and is evaluating legal options.
Import rejections and a backlog of pending permits threaten future shipments of U.S. GMO corn to Mexico, which imported more than 16 million tonnes in 2020. This is bearish for U.S. corn export demand.
Setelah 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.