Deficit of grains and oilseeds in Mexico, lower consumption, import, and production
Mexico
Published Jan 13, 2023
Tridge summary
The Consulting Group of Agricultural Markets reported that at the end of the year Mexico required a consumption of grains and oilseeds in the order of 55 million tons, production barely reached 28.1 and imports exceeded 27 million, the conclusion: Our country continues in the path of deficit in this sector.
Original content
Between January and November 2022, the apparent consumption of grains and oilseeds in our country reached 54.8 million tons, this means that compared to the same period of the previous year, there was a contraction of 1.9%. According to the Grupo Consultor de Mercados Agrícolas (GCMA), in terms of production the behavior was similar, with a contraction of 0.8%, remaining at 28.1 mt., that is, Mexico continues to have a deficit in these inputs. YOU MAY BE INTERESTED: Stop importing GMO yellow corn would be a violation of the USMCA and would cause food shortages The value of Mexican production grew more than 15%; good news for farmers Despite this, the value of generalized production (rice, beans, corn, soybeans, sorghum and wheat), expressed an interannual increase of 15.2%, amounting to 10.075 million dollars. Due to the decrease in national demand, imports followed the same trend, with a drop of 2.7% compared to 2021 to end at 27.8 mt.; although the expense generated by said ...
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