# Mexico's corn imports surge amid production challenges - Fastmarkets

> CANAMI's managing director said Mexico's corn imports will hit a record this year, with imports near 23.5 million tonnes against consumption of 47.5 million tonnes. Self-sufficiency has fallen to about 50%, and drought in Sinaloa has nearly halved output there.

- Date: 2024-10-15 · published 2024-10-15T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/27818-mexico-s-corn-imports-surge-amid-production-challenges-fastmarkets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rising Mexican import needs support demand for US and other exported corn, which is bullish for corn prices.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-01-10 | [Corn Imports Surge in 2023](https://feedsoft.ai/events/32103-corn-imports-surge-in-2023.md) | -1.1% | -5.0% |
| CORN | 2021-12-10 | [Mexico Increases its Corn Imports on its Non-GMO Path](https://feedsoft.ai/events/43569-mexico-increases-its-corn-imports-on-its-non-gmo-path.md) | -0.3% | -0.8% |
| CORN | 2021-08-11 | [Ukraine's forward sales and demand hopes support corn prices - Fastmarkets](https://feedsoft.ai/events/45600-ukraine-s-forward-sales-and-demand-hopes-support-corn-prices-fastmarkets.md) | +1.1% | -7.3% |
| CORN | 2021-07-23 | [China’s grain auction and meat production patterns point to rising imports](https://feedsoft.ai/events/46074-china-s-grain-auction-and-meat-production-patterns-point-to-rising-imports.md) | -1.1% | -2.6% |
| CORN | 2025-04-25 | [Grain transportation demand surges amid strong corn exports \| Feed & Grain](https://feedsoft.ai/events/16460-grain-transportation-demand-surges-amid-strong-corn-exports-feed-and-grain.md) | -2.1% | -1.5% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/mexicos-corn-imports-surge-amid-production-challenges/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.