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Total cotton production for marketing year (MY) 2018/19 is forecast at a record 1.89 million bales, 18 percent higher than the previous marketing year.
Exports of agricultural and related products to Mexico totaled USD 18.6 billion and accounted for a 47 percent increase in the last ten years.
Fluid milk production in Mexico continues its steady growth as it works to supply its processing sectors, particular its ever-growing cheese production.
Mexico imported nearly $4.4 million of frozen duck meat in 2017.
Sonora’s growing pork industry will be the key driver of the growth of U.S. feed ingredients and pork genetics in the state.
Mexican sugar production for marketing year 2018/19 is forecast to be 6.57 million metric tons raw value (MMT-RV), although there is not yet an official forecast.
Total cotton production for marketing year (MY) 2018/19 is forecast to be 1.57 million bales, slightly higher than the previous marketing year.
The Secretariat of Economy (SE) published in the Diario Oficial (Federal Register), on April 10, 2018, an announcement containing the maximum quota allotment of sugar to be exported....
On April 3, 2018, Mexico published four notices announcing incentive programs intended to address an oversupply of corn in certain parts of the country....
The value of Panama’s food processing ingredients market is valued at $110 million annually with U.S. products holding 60 percent of the market share.
The expanded Panama Canal in June 2016 marks a key milestone in Panama’s history as an important water route for world trade.
Post expects slower growth in the vegetable oil and oil meal sectors in MY 2018/19, given potential declines in consumer purchasing power and general economic uncertainty.