Mexico: Oilseeds and Products Annual

  |   Attaché Report (GAIN)   |   MX2022-0024

Oilseed production is met with mixed expectations in 2022. Total soybean production is forecast to increase slightly due to higher planted area in marketing year (MY) 2022/23. However, the cancellation of federal commercialization support programs for medium and large oilseed growers has discouraged the planting intentions for the upcoming year. Mexico’s oilseed crushing is forecast to increase by approximately 2.9 percent in MY 2022/23, despite the expected slowdown in Mexico’s economy. On other hand, total consumption of oilseed products is expected to increase a mere 2.7 percent in MY 2022/23 because of the economic slowdown and relatively sluggish demand triggered by persistent inflation.

Related Reports

Attaché Report (GAIN)

India: Coffee Annual

FAS Mumbai forecasts marketing year (MY) 2025/26 coffee production (Oct/Sep) at six million 60-kilogram bags. A dry spell during January and February, followed by strong winds and excessive pre-monsoon rains in March and May,
Attaché Report (GAIN)

Canada: Grain and Feed Annual

Production of wheat, corn, barley, and oats is forecast to increase two percent year-over-year to 62.7 million metric tons (MT) in MY 2025/26 and area planted to grains will increase 2.2 percent year-over-year to 27.5 million hectares, according to Statistics Canada’s planting intentions survey.
Attaché Report (GAIN)

Thailand: Grain and Feed Monthly

Thai export rice prices experienced downward pressure and then slightly recovered after Songkran holidays, reflecting tariff changes and adjustments in the global rice market.