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Mexico cotton production and area planted is forecasted to increase in marketing year (MY) 2022/23, mainly due to high global demand and corresponding high prices. Additionally, drought conditions observed during the planting season over the past two years, has encouraged the planting of cotton over other more water reliant crops.
Wheat production in Ethiopia for 2022/23 projected at a record level of 5.7 million MT while corn forecasted to 10.2 million MT. The Government of Ethiopia (GOE) has identified top priorities that can increase production and productivity of cereals through small and large-scale irrigation development, financing agricultural inputs, encouraging cluster farming, and reducing post-harvest loss.
On April 8, 2022, the Government of Ethiopia (GOE) passed a directive allowing franco-valuta imports of essential food commodities without foreign exchange permits.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.