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.

On January 25, 2024, the Government of Mexico implemented a decree modifying provisions of the Federal Labor Law and the Social Security Law related to agricultural labor rights.

Mexico’s chicken meat production is forecast to exhibit continued growth in 2024 due to increased private investment in the sector. Imports are also forecast to increase, driven by robust domestic demand.

Mexico’s 2024 federal government budget for the Secretariat of Agriculture and Rural Development (SADER) is USD 4.3 billion, a five percent increase compared to the 2023 budget.