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USDA projects Mexico's corn imports at a record 26.5 million tonnes in 2025/26 and 27 million in 2026/27, while domestic production falls 2% to 24.3 million tonnes. Input costs have risen sharply, with urea up 42% year on year in May 2026.
Record projected import needs for Mexico's feed-driven market support US corn export prospects, while higher fertilizer costs could trim domestic Mexican output and sorghum substitution could shift some feed demand.
ukragroconsult.comJul 1, 2026After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
After 76 past bullish report events, Urea moved a median 0.0% over 5 sessions (49% higher; middle half -2.2% to +2.9%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
