Mexico: Grain and Feed Update
Link to report:
Wheat production for marketing year (MY) 2022/23 is forecast slightly lower than the USDA official forecast based on updated industry and Mexican government data that reflect adverse weather conditions. Total MY 2021/22 corn production is revised upward from the USDA official figure to 27.8 million metric tons (MMT) due to more complete official data indicating a higher yield estimate. The sorghum production estimate for MY 2021/22 is revised downward from the USDA estimate to 4.6 MMT, driven by lower than expected harvested area and inadequate precipitation. The rice production forecast for MY 2022/23 is adjusted upward from the USDA forecast because of higher than previously projected harvested area.