Mexico: Cotton and Products Annual
Link to report:
Post forecasts marketing year (MY) 2024/25 production at 0.91 million 480-lb bales, basically flat compared to MY 2023/24 due to high input costs, drought conditions, power outages, and lack of access to new genetically engineered seed varieties. Post forecasts MY 2024/25 cotton consumption to be unchanged compared to MY 2023/24 due to remaining slow growth in domestic demand, increased competition from synthetic fibers and yarn imports from Asia, and the peso’s appreciation against the dollar.
