On the rise, Mexican grain imports grow almost 20% in value and 13% in volume
Mexico
Published May 22, 2023
Original content
The Consulting Group of Agricultural Markets (GCMA) reported that until March, Mexican imports of grains and oilseeds registered an increase in their value of 19.6%, citing a total expense of 4,855.1 million dollars. Following this same trend, the volume acquired reflected an increase of 13.1% compared to the first three months of the previous year, reaching 10.4 million tons, grouping corn, beans, rice, soybeans, wheat, oats, barley and malt. This quarterly result was driven by an increase in international purchases of raw materials relevant to the livestock sector, that is, corn, soybeans and wheat. YOU MAY BE INTERESTED: In three months, Mexico exported almost 6,300 million dollars. in agricultural and fishing goods, 8% more than in 2022 Corn had the most pronounced year-on-year rise in terms of imported tonnage, of 22.7%, to remain at 5.2 mt.; the price presented a similar behavior, being 44.1% higher, remaining at 1,770.6 million dollars. The volume of wheat purchased totaled ...
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