Browse Data and Analysis

FAS/Mexico expects slower growth in the vegetable oil and oil meal sectors in marketing year (MY) 2023/24 compared to recent years, given potential declines in consumer purchasing power, a forecast slowdown in Mexico’s economy, and persistent inflation.

Mexico’s sugar production is forecast at 6.25 million metric tons raw value (MMT-RV) in marketing year 2023/24 (October-September), an increase of nearly 3 percent compared to MY 2022/23 based on lower fertilizer costs and a return to average weather conditions.

On March 19, 2023, Mexico’s Federal Commission for the Protection against Sanitary Risks (COFEPRIS) announced the annual import quota for two types of the agrochemical glyphosate.

Mexico’s food processing industry is the third-largest in the Americas behind the United States and Brazil and is among the top 15 worldwide.

FAS Mexico forecasts for marketing year (MY) 2023/24 reductions in production, consumption, and trade due to low domestic and global demand for textiles and Government of Mexico (GOM) refusal to approve new genetically engineered (GE) seeds.

Mexico’s projected wheat production in marketing year (MY) 2021/22 is revised upward compared to the USDA official forecast to 3.2 million metric tons (MMT) based on updated official Mexican production data.

On August 26, 2021, the Regulatory Improvement National Commission (CONAMER) published a draft Conformity Assessment Procedure (CAP) for the national standard NOM-223-SCFI/SAGARPA-2018, Cheese.

Mexico’s textile industry has rapidly recovered from dramatic effects due to COVID-19 and the global slowdown for cotton products during the first half of 2020.