Mexico: Sugar Semi-annual

Sugar production in Mexico for marketing year 2021/22 is forecast to rebound from last year’s drought affected season, after ample rain and optimal growing conditions have been observed in much of the country’s cane producing states. Participation in the Manufacturing, Maquila and Export Services Industries Program (IMMEX) program is expected to remain strong, while reducing exports to markets other than the United States to ensure high returns for sugar mills and exporters.