Farmers ask the President of Mexico for guaranteed prices for corn, wheat and sorghum

Wheat

Maize (Corn)

Sorghum

Mexico

Published Jun 7, 2023

Tridge summary

Mexican farmers asked President Andrés Manuel López Obrador on Tuesday to set guarantee prices for corn, wheat and sorghum, noting that government intervention is vital to counteract the sharp drop in international cereal prices and avoid damage. "irreversible" economics.

Original content

Farmers are being suffocated by rising production costs, driven by the war in Ukraine, representatives of growers from 22 states said at a news conference outside the National Palace in Mexico City. Added to a context of sharp decline in international cereal markets, producers desperately need help, they said. "This is going to have an irreversible economic impact," said Eraclio Rodríguez, a Chihuahua corn farmer with the National Front for the Rescue of the Mexican Field. "We don't have the opportunity to market them (the grains) because the costs are excessively high compared to very cheap prices." In a direct petition to President López Obrador, the producers called for immediate intervention to fix the price of corn at 7,000 pesos per ton, wheat at 8,000 pesos per ton, and sorghum at 6,500 pesos per ton. They also warned that without government support, food prices in Mexico could skyrocket at the same time that they included in their request the reestablishment of credit ...

Source: Expansion