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On January 25, 2024, the Government of Mexico implemented a decree modifying provisions of the Federal Labor Law and the Social Security Law related to agricultural labor rights.
Mexico’s chicken meat production is forecast to exhibit continued growth in 2024 due to increased private investment in the sector. Imports are also forecast to increase, driven by robust domestic demand.
Mexico’s 2024 federal government budget for the Secretariat of Agriculture and Rural Development (SADER) is USD 4.3 billion, a five percent increase compared to the 2023 budget.
Corn and wheat production for marketing year (MY) 2023/2024 are forecast lower based on less planted area and unfavorable weather conditions. Rice and sorghum production are forecast to increase.
On December 27, 2023 the Government of Mexico published a presidential decree to extend the exemption of tariffs and easing of administrative procedures for the importation of basic food basket products through December 31, 2024.
Mexico’s 2024 blueberry production is forecast at 81,000 MT, an eight percent increase over 2023 on sufficient water access and growing export demand. The rate of production growth is projected to be slower in 2024 compared to 2023 due to competition from Peru.
This report provides information to U.S. exporters of agricultural and related products on how to do business in Panama. Panama is an attractive market for exporting U.S. agricultural food products.
Mexico was the third largest agricultural export market for U.S. exporters in 2022, with total agricultural exports valued at nearly $28.5 billion. Mexico’s economy grew by 3.1 percent in 2022, returning to near pre-pandemic levels.
In market year (MY) 2023/24, total citrus production in Mexico is expected down slightly by 1.5 percent versus the previous year, driven primarily by a reduction in fresh lime production. While fresh orange production is projected up fractionally, increasingly erratic conditions such as prolonged drought and high temperatures affected the main producing regions in the current year and reduced harvest quality.
Post forecasts marketing year (MY) 2023/24 production at 0.92 million 480-lb bales, a 42 percent decline compared to MY 2022/23 due to higher input costs, drought conditions, power outages, and lack of access to new genetically engineered seed...
Although Panama highlighted the use of biotechnology in its Agricultural State Policy Law 352 of 2023, Panama has not yet established the implementing regulations of Law 48 of 2002, which created the National Commission of Biosafety for Genetically...
On November 6, 2023, Mexico’s Secretariat of Agriculture (SADER) published Official Mexican Standard NOM-012-SAG/ZOO-2020: Specifications for the Regulation of Products for Animal Use or Consumption. The standard outlines specifications for the...