# Mexico: Grain and Feed Update | USDA Foreign Agricultural Service

> USDA FAS forecasts Mexico's 2024/25 corn, rice and sorghum production higher year on year due to better rainfall and recovery from drought. Corn and rice imports are forecast lower, while wheat imports are estimated higher on below-average wheat output.

- Date: 2024-09-24 · published 2024-09-24T12:00:00.000Z
- Category: report · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/28275-mexico-grain-and-feed-update-usda-foreign-agricultural-service
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Lower Mexican corn and rice import needs reduce demand for US corn and rice, while higher wheat imports partly offset this for wheat exporters.

## Read by commodity

- CORN: bearish ▼
- RICE: bearish ▼
- WHEAT: bullish ▲
- SORGHUM: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-11-04 | [India: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/27369-india-grain-and-feed-update-usda-foreign-agricultural-service.md) | +2.5% | -0.9% |
| CORN | 2024-10-02 | [China: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14711-china-grain-and-feed-update-usda-foreign-agricultural-service.md) | -1.1% | -2.6% |
| CORN | 2019-11-27 | [EU-28: Crop Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/55995-eu-28-crop-update-usda-foreign-agricultural-service.md) | +0.8% | +2.4% |
| CORN | 2022-11-30 | [USDA Lowers FY 2023 Forecast for U.S. Agricultural Exports - Farm Policy News](https://feedsoft.ai/events/38741-usda-lowers-fy-2023-forecast-for-u-s-agricultural-exports-farm-policy-news.md) | -3.9% | +1.9% |
| CORN | 2022-01-12 | [USDA World Agricultural Supply and Demand Estimates January Report \| The Mighty 790 KFGO \| KFGO](https://feedsoft.ai/events/43265-usda-world-agricultural-supply-and-demand-estimates-january-report-the-mighty.md) | -2.6% | +3.6% |
| RICE | 2024-06-19 | [Mexico: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/29718-mexico-grain-and-feed-update-usda-foreign-agricultural-service.md) | -2.0% | -21.3% |
| RICE | 2024-11-04 | [India: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/27369-india-grain-and-feed-update-usda-foreign-agricultural-service.md) | -3.1% | +3.1% |
| RICE | 2025-09-24 | [FAS - Foreign Agricultural Service (via Public) / Philippines: Grain and Feed Update](https://feedsoft.ai/events/22960-fas-foreign-agricultural-service-via-public-philippines-grain-and-feed-update.md) | -2.7% | -8.8% |

## Sources

- fas.usda.gov: https://www.fas.usda.gov/data/mexico-grain-and-feed-update-27

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