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On April 17, 2024, the Government of Mexico published a law in the Official Gazette to establish mandatory warning labeling for products containing genetically engineered ingredients and to enshrine socioeconomic considerations into national food policy.

Spain is one of the world’s largest markets for fish and seafood. In 2023, Spain was the fourth largest importer of fish and seafood in the world after the United States, China, and Japan.

Post forecasts Mexico’s sugar production at 5.5 million metric tons raw value (MMT-RV) for marketing year (MY) 2024/25 (October 1 – September 30), 13 percent higher than the estimate for MY 2023/24.

Mexico’s oilseed crush in marketing year (MY) 2024/25 is forecast to increase due to higher vegetable oil and animal feed demand. Forecast economic growth and lower interest rates are expected to drive production of oil and meal and increase Mexico’s soybean and rapeseed imports by four percent and seventeen percent, respectively.

Mexico’s 2024 avocado production is forecast at 2.77 million metric tons (MMT), a five percent increase over 2023 on strong export demand. Production in 2023 reached 2.65 MMT, up four percent compared to the previous year.