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Mexico has banned genetically modified corn and plans to phase out GMO corn imports and glyphosate use by January 2024, according to a decree published December 31, 2020. The government says the aim is food security and sovereignty.
Agricultural industry groups criticized the decision, while organic growers praised it, and it was unclear whether livestock feed imports were covered.
If GMO corn imports are phased out, Mexico's demand for US corn, which dominates its import mix, would shrink, weighing on CORN export prices. The uncertainty over feed use is the key variable for buyers.
feedstrategy.comAndrea Gantz5 jan 2021Na 310 eerdere neerwaarts beleid-gebeurtenissen bewoog CORN zich mediaan +0,3% over 5 sessies (54% hoger; middelste helft -1,4% tot +1,9%), en +0,6% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
