# Drought raises Mexico’s corn import outlook | World Grain

> Mexico's agriculture minister said drought will push the country to import 14 to 16 million tonnes of yellow corn in 2024. Mexican production forecasts were cut, and the southeast is expected to partly offset losses in Chihuahua.

- Date: 2024-02-15 · published 2024-02-15T12:00:00.000Z
- Category: weather · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/31645-drought-raises-mexico-s-corn-import-outlook-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Higher Mexican import needs support demand for US yellow corn and feed grains, a bullish factor for corn and DDGS prices.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-12-04 | [Drought hits Mexico’s corn outlook, boosting 2020 imports…](https://feedsoft.ai/events/55545-drought-hits-mexico-s-corn-outlook-boosting-2020-imports.md) | -3.9% | +1.5% |
| CORN | 2025-01-29 | [Drought, low prices to drop Mexico’s grain production  \| World Grain](https://feedsoft.ai/events/26570-drought-low-prices-to-drop-mexico-s-grain-production-world-grain.md) | +1.0% | -1.0% |
| CORN | 2022-11-08 | [Drought drops France’s maize output \| World Grain](https://feedsoft.ai/events/38618-drought-drops-france-s-maize-output-world-grain.md) | -0.0% | -6.6% |
| CORN | 2021-04-28 | [Mexico's 2020/21 corn outlook endangered by drought fears: GCMA - Fastmarkets](https://feedsoft.ai/events/47591-mexico-s-2020-21-corn-outlook-endangered-by-drought-fears-gcma-fastmarkets.md) | +4.4% | -7.3% |
| CORN | 2025-05-30 | [3 Top Corn-Growing States Report Extreme Drought, or Worse](https://feedsoft.ai/events/13090-3-top-corn-growing-states-report-extreme-drought-or-worse.md) | -0.3% | -4.7% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/19628-drought-raises-mexicos-corn-import-outlook

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