Mexico: Grain and Feed Update

  |   Attaché Report (GAIN)   |   MX2022-0036

Wheat production for marketing year (MY) 2022/23 is forecast slightly lower than the USDA official forecast based on updated industry and Mexican government data that reflect adverse weather conditions. Total MY 2021/22 corn production is revised upward from the USDA official figure to 27.8 million metric tons (MMT) due to more complete official data indicating a higher yield estimate. The sorghum production estimate for MY 2021/22 is revised downward from the USDA estimate to 4.6 MMT, driven by lower than expected harvested area and inadequate precipitation. The rice production forecast for MY 2022/23 is adjusted upward from the USDA forecast because of higher than previously projected harvested area.

Related Reports

In response to widespread protests and road closures, in recent days, Panama established a series of price ceilings, profit margin controls, and subsidies that affect consumers goods. These include ceiling on the gross profit margin on 11 imported...
Attaché Report (GAIN)

Argentina: Biofuels Annual

Argentine bioethanol consumption for 2022 is forecast at a record 1.1 billion liters due to the combination of increased gasoline demand and a higher blend rate, close to the maximum official blend rate. Biodiesel production in 2022 is projected to...
Attaché Report (GAIN)

China: Wood Products Annual

The People’s Republic of China (PRC) wood manufacturing sectors are facing significant headwinds including rising costs, weakening economic conditions, COVID-19 related disruptions to operations, and increasing international competition. China’s wood...