Mexico: Grain and Feed Update
Link to report:
Corn, rice, and sorghum production forecasts for marketing year (MY) 2023/2024 are increased, while wheat production is forecast lower based on less planted area. Meanwhile, Mexico’s estimated MY 2022/2023 imports of corn, wheat, rice, and sorghum are higher than in MY 2021/2022 on record appreciation of the Mexican peso. Production and trade forecasts and estimates were revised based on updated planting and trade data.