
Mexico has banned genetically modified corn and plans to phase out GMO corn imports and glyphosate use by January 2024, according to a decree published December 31, 2020. The government says the aim is food security and sovereignty.
Agricultural industry groups criticized the decision, while organic growers praised it, and it was unclear whether livestock feed imports were covered.
If GMO corn imports are phased out, Mexico's demand for US corn, which dominates its import mix, would shrink, weighing on CORN export prices. The uncertainty over feed use is the key variable for buyers.
Setelah 310 peristiwa kebijakan bearish sebelumnya, CORN 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.