Mexico: Grain and Feed Update

  |   Attaché Report (GAIN)   |   MX2023-0045

Corn, rice, and sorghum production forecasts for marketing year (MY) 2023/2024 are increased, while wheat production is forecast lower based on less planted area. Meanwhile, Mexico’s estimated MY 2022/2023 imports of corn, wheat, rice, and sorghum are higher than in MY 2021/2022 on record appreciation of the Mexican peso. Production and trade forecasts and estimates were revised based on updated planting and trade data.

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