
Andrés Manuel López Obrador, the front-runner in Mexico's July 1 presidential election, has pledged to roll back all agricultural provisions of NAFTA. He says U.S. agribusiness has dumped staples such as corn, pork, wheat and rice on Mexican markets.
His aim is to revitalize domestic agriculture and reduce reliance on American farm products.
If the campaign pledge is carried out, Mexico would buy less U.S. corn and other farm goods, which is bearish for U.S. feed grain demand and prices.
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.