Mexico: Cotton and Products Update
Link to report:
Post forecasts production for marketing year (MY) 2024/25 at 0.85 million 480-lb bales, a similar level as in MY 2023/24. The planting area is expected to decrease due to farmers switching to more profitable crops. Constraints on planted area and yield include limited seed technology, high input costs, extreme temperatures, and drought. The Mexican government has restricted glyphosate imports and has not approved new genetically engineered cotton seeds, further limiting production potential. Despite these challenges, some producers are investing in new irrigation systems to improve efficiency.