Mexico’s wheat production in MY 2021/22 is revised higher to 3.275 MMT

30.12.2021 13:38 "Agro Perspectiva" (Kyiv) — Following are selected highlights from a report issued by a U. S. Department of Agriculture attache in The Mexico City, Mexico’s wheat production in MY 2021/22 (July to June) is revised higher to 3.275 million metric tons (MMT), based on more complete figures from SADER, and reflecting favorable weather conditions that contributed to higher yields than initially expected. Mexico’s corn production forecast for MY 2021/22 (October to September) was revised downward to 27.120 million metric tons (MMT) based on updated private source data and SADER for the 2021 spring/summer crop cycle. Likewise, harvested area was revised slightly downward to 7.1 MMT reflecting SADER updated figures. Additionally, MY 2021/22 corn exports were revised downward to 500,000 MT based on Trade Data Monitor (TDM) figures. The sorghum production estimate for MY 2021/22 (October to September) is adjusted upward, reflecting slightly higher harvested area as well as updated SADER data for the 2021 spring/summer crop cycle and available planting intentions for the 2021/22 fall/winter crop cycle as of October 31, 2020. Lastly, the rice production estimate for MY 2021/22 (October to September) was revised downward from the USDA official estimate to 305,000 metric tons (MT) (rough production), the equivalent to 210,000 MT of milled rice. The lower production estimate is based on the most recent data from SADER and industry sources, reflecting lack of water availability and subsequent decreased yields.

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