Ag science giant, Syngenta, is asking the White House to personally step in and settle a dispute with Mexico over a proposed ban on GMO corn.
Syngenta says the bans likely will not stop with corn. The company says it asked both the Trump and Biden Administrations to make a trip to Mexico to discuss the issue, but it never happened.
This comes as Mexico looks to broker deals with individual producers from America and other countries to purchase Non-GMO corn directly.
Syngenta warns it will not be that easy, however, as the process of switching crops can sometimes take years.
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Expect choppier basis and wider bids — hedge earlier, keep logistics flexible, and watch Argentina and India headlines for near-term opportunities.
