Monsanto's regional director said a ban on planting GMO corn in Mexico is likely to last for years after a Mexican court upheld a 2013 ruling that halted even pilot plots. The legal battle over environmental evidence is expected to be slow.
Mexico relies on imported US yellow corn for livestock feed, and those imports are expected to rise more than a fifth next season.
A prolonged GMO ban keeps Mexico dependent on imported feed corn, which supports US export demand. Expected growth in yellow corn imports is mildly supportive for corn prices.
Setelah 318 peristiwa kebijakan bullish sebelumnya, Jagung bergerak median -0,1% selama 5 sesi (48% lebih tinggi; separuh tengah -1,4% sampai +1,5%), dan -0,2% 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.