Mexico: Grain and Feed Update
The marketing year (MY) 2017/18 corn production estimate has been revised upward to 26.8 MMT, with harvested area estimated at 7.23 million hectares, reflecting official information from the Mexican government. Total corn imports estimates have been revised downward, based on this increase in estimated production and the economic uncertainty expected in 2018. The total wheat production estimate for MY 2017/18 has been revised slightly downward due to more complete official data. Lastly, the Post/New total sorghum and rice production estimates for MY 2017/18 have been revised upward based on updated official data.