Mexico: Sugar Annual

Commodities

Mexican sugar production for marketing year 2015/16 is forecast to be at 6.5 million metric tons rawvalue (MMT-RV), although there is not yet an official forecast. Sugar production for MY 2014/15 was revised downward to 6.4 MMT-RV. The sugar export forecast for MY 2015/16 is 1.8 MMT-RV. Post /New total sugar export estimate for MY 2014/15 is 1.6 MMT-RV, where exports to the United States under the suspension agreements are 1,383,969.68 MT-RV. The high fructose corn syrup (HFCS) import forecast for MY 2015/16 is expected to be similar to MY 2014/15 imports, as sugar prices remain low.

Mexico: Sugar Annual