# Mexico’s corn output to be higher than estimated | 2019-07-23  | World Grain

> USDA's Foreign Agricultural Service raised its estimate of Mexico's 2018-19 corn production to 26.85 million tonnes, still below 27.56 million a year earlier. The agency also raised 2018-19 consumption to 44.1 million tonnes and cut the import estimate to 17.2 million tonnes.

- Date: 2019-07-23 · published 2019-07-23T12:00:00.000Z
- Category: report · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/58065-mexico-s-corn-output-to-be-higher-than-estimated-2019-07-23-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A lower import estimate for Mexico reduces expected demand for US corn, a modestly bearish signal for corn export prices, though the change is small.

## Read by commodity

- CORN: bearish ▼
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-06-25 | [IGC revises 2026-27 global grain output higher \| World Grain](https://feedsoft.ai/events/18899-igc-revises-2026-27-global-grain-output-higher-world-grain.md) | -1.9% | +2.0% |
| CORN | 2017-06-19 | [Brazil on track for record corn output \| World-grain.com \| June 19, 2017 15:09 \| World Grain](https://feedsoft.ai/events/70330-brazil-on-track-for-record-corn-output-world-grain-com-june-19-2017-15-09-world.md) | -5.4% | -1.7% |
| CORN | 2023-03-24 | [Mexico corn imports down 4% \| World Grain](https://feedsoft.ai/events/36837-mexico-corn-imports-down-4-world-grain.md) | +1.7% | +0.3% |
| CORN | 2017-06-08 | [Record output of soybean and corn lead to a harvest estimate 29.2% bigger than in 2016  \| News Agency](https://feedsoft.ai/events/70327-record-output-of-soybean-and-corn-lead-to-a-harvest-estimate-29-2-bigger-than.md) | -1.3% | -0.0% |
| CORN | 2018-10-10 | [Brazil corn production forecast higher \| 2018-10-10  \| World Grain](https://feedsoft.ai/events/62372-brazil-corn-production-forecast-higher-2018-10-10-world-grain.md) | +4.0% | +4.0% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/12362-mexicos-corn-output-to-be-higher-than-estimated

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