Mexico: Grain and Feed Update
Mexican wheat and rice production estimates for marketing year (MY) 2018/19 have been revised downward, as planted area for both crops is lower than previously expected. Corn and sorghum production are expected to remain consistent with previous estimates. The sorghum trade estimates for MY 2018/19 and 2017/18 have been adjusted sharply downward, based on recent international trade policy developments that make corn relatively more attractive for animal feed.
