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Mexico's corn imports are expected to reach 18 million tons in 2020, according to the Agricultural Market Consulting Group. The group cites a 4.5% year-on-year drop in yellow corn production in 2019, with government projections of 26.4 million tons for 2020 against 27.6 million in 2019.
Exports are forecast to fall to 550,000 tons.
Higher Mexican import demand for corn, mainly yellow corn, supports US and global corn export demand and prices. Lower Mexican exports also reduce competition in some markets.
mexicobusiness.news27 Jan 2020Setelah 729 peristiwa perdagangan bullish sebelumnya, Jagung bergerak median +0,4% selama 5 sesi (56% lebih tinggi; separuh tengah -1,1% sampai +1,8%), dan +0,5% 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.
