Browse Data and Analysis

Marketing year (MY) 2025/26 rice production in the Republic of Korea (ROK) is forecast further down on reduced planted area approaching half of the government’s reduction target of 80,000 hectares.

In 2024, Mexico imported more than 35 million metric tons of grains from the United States. The North American freight rail network is an increasingly important mode of transport for handling the growth in this trade.

Stronger local white corn prices and rising demand for rice and sorghum are expected to drive increased production in marketing year 2025/2026.

The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.

While per capita grain consumption in Korea remains steady, or declining in the case of rice, increased manufacturing of K-food for exports drives total consumption, offsetting decreases in other sectors.

Mexico’s grain production outlook for marketing year (MY) 2025/2026 is higher for corn, rice, and sorghum due to higher local prices driving farmer planting decisions.

On March 17, 2025, Mexico adopted a constitutional amendment banning domestic cultivation of “genetically modified” corn

The Korean government revised its marketing year (MY) 2024/25 rice production estimate down to reflect a 2-percent yield reduction from extreme heat, untimely rains, and pest damage.

The outlook for Mexican grain production in marketing year (MY) 2024/2025 is lower for corn, wheat, and sorghum.

Market share of U.S. corn in South Korea is expected to remain strong in MY 2024/25 after rebounding to 20 percent in MY 2023/24. Domestic rice production continues its slow decline as the government incentivizes farmers to switch to planting alternate crops.

The outlook for Mexican grain production in marketing year (MY) 2024/2025 is higher year-on-year for corn, rice, and sorghum based on higher-than-average precipitation and a gradual recovery from exceptional drought conditions.

On July 7, 2024, the Government of Mexico (GOM) announced an update for registrations in the National Catalogue of Plant Varieties to include “native varieties.” According to the GOM announcement about the update, the purpose of the change is to...