
Mexico is set to phase out GM corn for human consumption by early 2024 under a draft decree, which would also phase out GMO corn imports. The Mexican farm council says the restriction disadvantages its farmers, while importing US GM grain is essential for many agrifood products.
Mexico was the largest importer of US-grown corn in the 2018/19 marketing year.
Phasing out GMO corn imports would reduce a major outlet for US corn, weighing on CORN export prices. Mexico's import dependence means the policy's final scope will matter for price direction.
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.