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Mexico’s wheat production in MY 2021/22 (July to June) is revised higher to 3.2 MMT
01.10.2021 17:02 "Agro Perspectiva" (Kyiv) —
Following are selected highlights from a report issued by a U. S. Department of Agriculture attache in The Mexico City, Mexico’s wheat production in MY 2021/22 (July to June) is revised higher to 3.2 MMT, based on more complete figures from the Secretariat of Agriculture and Rural Development (SADER) as of July 31, 2021 and reflecting favorable weather conditions. The corn harvested area and production forecasts for MY 2021/22 (October to September) remain unchanged based on updated SADER data for the 2021 spring/summer crop cycle. Estimated MY 2020/21 corn production is revised upward compared to the official USDA official figure to 27.2 MMT, based on final official data as of July 31, 2021 that reflects larger planted area. Likewise, harvested area is revised slightly higher to 7.145 million hectares reflecting these final figures, while estimated MY 2020/21 corn exports are revised downward based on Trade Data Monitor (TDM) figures. The sorghum production estimate for MY 2020/21 (October to September) is adjusted upward, reflecting slightly higher harvested area as well as updated SADER data for the 2020 spring/summer crop cycle and available information for the 2020/21 fall/winter crop cycle as of July 31, 2020. Lastly, the rice production estimate for MY 2020/21 (October to September) was revised downward from the USDA official estimate to 290,000 metric tons (MT) (rough production), the equivalent to 199,000 MT of milled rice. The lower production estimate is based on the most recent data from SADER and industry sources, reflecting unfavorable weather and decreased yields. AGRO PERSPECTIVA offers Agro + «Ukrainian Grain & Oilseed Market» weekly analytical bulletin. Concerning subscription please contact: client@agroperspectiva.com or +380675964652 (WhatsApp, Viber, Telegram).
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