
Mexican buyers imported more than 583,000 metric tonnes of Brazilian corn in 2017, a 970 percent jump over 2016, according to Mexican government data. U.S. corn exports to Mexico also rose 6.6 percent in 2017, to about 14.7 million tonnes, as Mexico needed record imports to offset a drought-hit domestic crop.
Brazilian corn is taking a growing share of Mexico's import needs, which may cap U.S. corn export gains if NAFTA tensions persist. Total Mexican demand remains strong, so the net price effect is modest.
Setelah 480 peristiwa perdagangan netral sebelumnya, Jagung bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,1% sampai +1,6%), dan +0,7% 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.