Mexico GM corn ban sends mixed signals to organic market

Mexico GM corn ban sends mixed signals to organic market

Mexico’s proposed ban on genetically modified corn is sending mixed signals to organic grain markets.

Ryan Koory with Argus Media says for a more pessimistic situation, take $7 organic corn in the U.S.

“If you wind up with a situation where you have $6.50 non-GMO to ship to Mexico, well then you might start looking at that as an opportunity because you’re getting close to that price parity.”

If non-GMO prices are closer to $5 a bushel and organic is closer to $8, he tells Brownfield most buyers will look elsewhere.

    

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