Corn, rice, and sorghum production forecasts are revised downward in marketing year MY 2022/23, while the wheat production estimate is increased to 3.6 MMT. Mexico’s corn production estimate for MY 2021/22 was revised downward based on updated planting data to 26.5 million metric tons (MMT). Mexico’s corn imports are forecast to increase to 17.3 MMT in MY 2022/23. Corn imports in MY 2021/22 reached a record 18.1 MMT. Mexico’s imports of all other grains in MY2021/22 are also adjusted upward. Mexico’s corn exports in MY 2022/23 are estimated to decline as recent policy changes place a 50 percent tariff on white corn exports through June 2023.
Western Hemisphere, Mexico
Grains, Feeds and Fodders, Coarse Grains (excl. corn), Corn, Rice, Wheat
Database Source:
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Global Agricultural Information Network (GAIN)
Insight and analysis from FAS's overseas offices on issues affecting agricultural production and trade.
Original source can be found here.
