Mexico: Grain and Feed Update
Link to report:
For MY 2019/2020, Mexico’s wheat production estimate is revised down slightly due to a smaller than estimated harvested area. Wheat consumption and trade remain unchanged as a result of a sluggish economy and decreased consumer purchasing power. While corn production for MY 2018/2019 was revised upward, estimates for 2019/20 are reduced because of this year’s adverse dry weather conditions. Sorghum production is forecast to continue to decrease into next year as the reduction of government support programs for medium and big farmers discourages sorghum planting in key states. Rice production estimates are also lowered based on unfavorable weather conditions that led to decreased yields and lower area harvested.
