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Industry groups say bans on GMO corn and glyphosate in Mexico would shrink food supplies. Mexico imported about 18 million tonnes of mostly GMO corn last season, around 40% of national consumption.
Nearly all available US, Argentine and Brazilian corn is GM, so satisfying demand would be nearly impossible if the decree is broadly applied.
Broad application of the decree would cut off most of Mexico's corn import sources, which is bearish for US export demand but could also tighten supply in Mexico. The net price effect depends on whether Mexico accepts a narrower interpretation.
reuters.comDavid Alire Garcia15 Jan 2021Setelah 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.
