Browse Data and Analysis

The only genetically engineered (GE) product in commercial production is GE cotton, with obsolete seeds and only in restricted areas. There has been no advance in plant or animal biotechnology development and production, mainly due to policy and regulatory constraints.

In 2023, the Mexican economy continued its recovery streak for the third consecutive year, while continuing to generate higher-wage jobs, clearly reflected in activity of the Mexican hospitality and foodservice sector.

Puebla is Mexico’s fourth largest metropolitan area and an important city for the southeast region, with a strategic location that links the center with the southeast of the country. This report highlights opportunities in a market that, while not traditionally considered one of Mexico’s top markets, is dynamic and has strong growth potential.

Post forecasts production for marketing year (MY) 2024/25 at 0.89 million 480-lb bales, a similar level as in MY 2023/24. The planting area is expected to decrease due to farmers switching to more profitable crops, drought conditions, and limited access to water from dams.

In 2023, Mexico’s beef production is forecast to slightly increase, but faces slower consumption growth on a year-to-year basis as food inflation soars. As herd numbers increase, overall cattle slaughter is expected to rise. Carcass weights are expected to marginally decrease in 2023 and are offset by larger slaughter numbers of slightly younger animals.

Mexico’s chicken meat production is forecast to increase by three percent in 2023. Although chicken meat is one of the most impacted proteins during Mexico’s inflation crisis, consumption per capita continues to increase, albeit at a slower pace on a year-to-year basis.

Corn, rice, and sorghum production forecasts are revised downward in marketing year MY 2022/23, while the wheat production estimate is increased to 3.6 MMT.