Mexico: Sugar Annual
19th April 2024
Post forecasts Mexico’s sugar production at 5.5 million metric tons raw value (MMT-RV) for marketing year (MY) 2024/25 (October 1 – September 30), 13 percent higher than the estimate for MY 2023/24.
The increased production forecast is based on unseasonal rains in several sugarcane-producing states from October 2023 through January 2024, the planting season for the MY 2024/25 crop, and expected changes in weather conditions as La Niña phenomenon could begin towards the middle of 2024. The National Committee for the Sustainable Development of Sugar Cane (CONADESUCA)
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