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Country Briefs

  Mexico

Reference Date: 16-November-2016

FOOD SECURITY SNAPSHOT

  1. Cereal production in 2016 forecast at record level

  2. Cereal imports in 2016/17 marketing year unchanged from previous year

  3. White maize and black bean prices in October followed mixed trends, both higher than year earlier

Cereal production in 2016 forecast at record level

Total cereal production for 2016 is forecast at 36.5 million tonnes (paddy equivalent), a record level. This follows the good output of the 2016 autumn/winter maize crop, harvested in August, which has been estimated at 8.5 million tonnes, 16 percent above the same season last year. Harvest of the spring/summer maize crop is well advanced and prospects are good as weather conditions during the season favoured normal crop development. Aggregate maize production (autumn/winter and spring/summer crops) for 2016 is forecast at a record level of 25.6 million tonnes. Harvesting of the 2016 wheat crop concluded in July and preliminary estimates point to an output of 3.8 million tonnes, 2 percent above last year’s level and well above the five‑year average.

Planting of the 2017 autumn/winter crop is well advanced, while no information is yet available on sowings, weather conditions have been adequate for planting operations.

Cereal imports in 2016/17 marketing year unchanged from previous year

Cereal imports in the 2016/17 marketing year (October/September) are anticipated to reach 19.7 million tonnes, virtually unchanged from last year, but well above the average. Higher maize imports for feed, which are expected to cover a third of the domestic utilization, helped maintained cereal imports close to last year’s level. Wheat and rice imports are also forecast to increase moderately during the marketing year.

White maize and black bean prices in October followed mixed trends, both higher than year earlier

White maize prices continued to increase in October and were overall higher than a year earlier, the weakness of the local currency, which strengthened seasonal trends, coupled with the lack of new product from the ongoing spring/summer crop supported prices. Black bean prices, an important staple food, were relatively unchanged in October but higher than a year earlier sustained by the weak local currency.