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The marketing year (MY) 2015/16 corn production is forecast at 23.4 million metric tons (MMT).
In the past decade, one of the most apparent trends agricultural trade patterns has been the growth in agricultural trade between developing countries or so-called “South-South trade.”
In February 2015 an Illinois-based grocery manufacturing and processing business contacted USDA FAS Washington over problems exporting cheese to Mexico.
Mexico’s beef and pork production are revised higher due to strong market incentives that are promoting higher than expected slaughter.
Post revised the 2015 outlook for production, consumption and exports of beef and pork, respectively.
A more difficult economic environment is expected slow growth in the poultry sector.
Post kept its forecast for Brazil's 2014/15 soybean production at a record of 93 million metric tons (MT).