Mexican corn production is projected to fall 2% in 2026/27, according to USDA forecasts.

Mexican corn production is projected to decline by 2% in the 2026/27 season, according to projections released by the agricultural attaché. United States Department of Agriculture (USDA) The country is expected to harvest 24.3 million tons of the grain, mainly reflecting higher input costs and relatively low domestic prices. According to the report, the harvested area is expected to fall 4% compared to the previous cycle, to 6.4 million hectares. While domestic supply weakens, demand continues to expand. USDA Mexican corn imports are projected to reach 27 million tons in 2026/27, a volume 2% higher than the previous season. The US is expected to remain the main supplier of corn to the Mexican market, favored by competitive prices, geographical proximity, efficient logistics, and product quality. Conversely, Mexican corn exports are expected to fall by 33%, to just 20,000 tons. USDAThe combination of lower domestic production and the appreciation of the Mexican peso reduces the competitiveness of corn produced in the country in international markets. Total corn consumption in Mexico is estimated at 52.5 million tons in 2026/27, a 2% increase compared to the previous cycle. This growth is expected to be driven mainly by demand from the animal feed industry, especially the egg, poultry, and swine production sectors, which continue to expand their consumption of the grain. In the food sector, the… USDA It predicts a 1% increase in the consumption of white corn destined for the manufacture of tortillas and pasta.

This text was translated by machine from Brazilian Portuguese.