Mexico Already Won Opponents of Big Ag are arguing that Mexico’s proposed delay of a GMO corn ban, plus its focus on corn for food use and not feed means there is no problem for the American corn industry. This ignores that AMLO’s specific goal is Mexican corn self-sufficiency, and thus lower imports from the U.S. His apologists argue that American farmers will simply grow non-GMO corn but this misses some important points including:
The Mexican regime is just posturing and there has been no change in the legal decree. Even if it is delayed, the intent and impact remain adverse to the interests of the U.S. industry. Mexico’s continued refusal to approve new GMO traits is anti-science and is not only imposing a technol...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...