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Corn, rice, and sorghum production forecasts for marketing year (MY) 2023/2024 are revised upward, while wheat production is forecast lower at 3.4 million metric tons.
Assuming normal growing conditions for open-field and shade house cultivation, as well continued greenhouse technology use, Post forecasts Mexico’s 2023 fresh tomato production at 3.87 million metric tons (MMT), a marginal increase over the Government of Mexico’s (GOM) official 2022 production estimate of 3.8 MMT.
Post forecasts marketing year (MY) 2017/18 total cotton production for Mexico up to 1.12 million bales, due to increased planting areas.
The poultry sectors (chicken, turkey and eggs) are pillars of animal protein production in Mexico.
The market year (MY) 2017/18 wheat production estimate has been revised downward to 3.5 million metric tons (MMT) based on updated official information from the Mexican government.
Mexico's livestock sector continues steady growth. Live cattle exports to the United States continue to increase, while genetics are imported for herd improvement.
Mexico is currently modernizing their Free Trade Agreement with the European Union (TLCUEM).