Mexico: Sugar Semi-annual

Post forecasts Mexico’s sugar production at 5.4 million metric tons raw value (MMT-RV) for marketing year (MY) 2024/25 (October 1 – September 30). This forecast represents an 8 percent increase from MY 2023/24 on favorable weather conditions and seasonal rains in all sugar-producing regions that have contributed to alleviating, to some extent, drought conditions experienced in the last MYs. The National Committee for the Sustainable Development of Sugar Cane (CONADESUCA) has not yet published an official MY 2024/25 forecast.