Mexico: Sugar Annual
Mexican sugar production for marketing year (MY) 2017/18 is forecast to be 6.6 million metric tons raw-value (MMT-RV), although there is not yet an official forecast. Sugar production for MY 2016/17 is estimated to decrease from previous estimates to 6.5 MMT-RV. The sugar export forecast for MY 2017/18 is 1.6 MMT-RV. Post/New export estimate for MY 2016/17 is revised upward from previous estimates considering that Mexico will cover the U.S. quota and about 500,000 MT-RV of exports to the rest of the world.