
Mexico decreed on December 31 that genetically modified corn grain will be phased out of human consumption by January 31, 2024, and that glyphosate use will also be phased out. US corn farmers are concerned that US corn exports to Mexico could take a major hit.
The US Grains Council says it is still unclear whether the ban covers corn used for livestock feed.
Mexico is the largest buyer of US corn and most of its imports are GMO, so any restriction that reaches feed corn would cut US export demand and pressure CORN prices lower. The unresolved scope keeps a risk premium in the market until officials clarify it.
過去の弱気な政策イベント310件の後、トウモロコシ は5営業日で中央値 +0.3% 動き(54% が上昇。中央50%は -1.4% から +1.9%)、20営業日では +0.6% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。