Mexican farmers demand guaranteed grain prices

Published 2023년 6월 8일

Tridge summary

Mexican farmers are urgently calling for the government's intervention to secure fair prices for corn, wheat, and sorghum, in response to the significant drop in international grain prices. They have proposed specific price ranges for each grain to the President Andrés Manuel López Obrador. In addition to price guarantees, farmers are advocating for the revision of credit programs and increased investment in the grain industry, with a focus on hydrotechnical infrastructure for irrigation. They warn that without such support, the cost of food in Mexico could surge, leading to severe economic consequences. Currently, Mexican farmers find it unprofitable to sell grains due to high production expenses and the influx of cheaper American agricultural products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Mexican farmers have called for guaranteed prices for corn, wheat and sorghum in the country, saying government intervention is "vital to counter the sharp decline in international grain prices," Reuters reported. As noted, in an appeal to President Andrés Manuel López Obrador, farmers proposed setting the price for corn at 7,000 pesos ($402.90) per ton, for wheat - 8,000 pesos ($460.45) per ton, for sorghum - 6,304 pesos ($374, 12) per ton. They also stressed the need to renew credit programs and increase investment in the grain industry, in particular in the development of hydrotechnical infrastructure for irrigation. The signatories of the appeal noted that without government support, food prices in Mexico could skyrocket, and ...
Source: Zol

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