Mexico: Sugar Annual
Mexican sugar production for marketing year 2016/17 is forecast to be 6.4 million metric tons raw-value (MMT-RV), although there is not yet an official forecast. Sugar production for MY 2015/16 remains unchanged at 6.4 MMT-RV. The sugar export forecast for MY 2016/17 is 1.7 MMT-RV. Post /New total sugar export estimate for MY 2015/16 was revised upward to 1.7 MMT-RV, where exports to the United States under the suspension agreements are expected at 1.1 MMT-RV. The high fructose corn syrup (HFCS) import forecast for MY 2016/17 is expected to be similar to MY 2015/16.