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Mexico's Secretariat of Agriculture said the GMO corn ban will include animal feed imports, after officials met with supply chain and producers on January 15. The ministry plans to raise domestic yellow corn output through the Maiz para Mexico initiative, reducing reliance on imports.
US corn exports to Mexico were worth $2.7 billion in 2019.
Confirmation that feed corn is included removes a key uncertainty and puts a large share of US corn exports to Mexico at risk, which is bearish for CORN. Expanded Mexican domestic production would reduce import demand over time.
feedstrategy.comAndrea Gantz18 jan 2021Na 310 eerdere neerwaarts beleid-gebeurtenissen bewoog Maïs 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.
