Mexico: Sugar Annual
Link to report:
Mexico sugar production for marketing year (MY) 2021/22 is forecasted slightly lower than MY 2020/21, on continued drought concerns and soil effects in some sugar producing states. However, an increase in planted area is expected due to government cash support to cane producers through the Production for Wellbeing Program. Consumption of both sugar and high fructose corn syrup is forecasted down in MY 2021/22 due to a new front of package labeling law and federal and state government health campaigns that are leading to product reformulation with lower sugar content or replacement with non-caloric sweeteners.