
Sinaloa corn growers face uncertainty because the final price for their crop has not been set, while international price fluctuations make planning difficult. The head of the Culiacán River Farmers Association said U.S. corn availability gives buyers an alternative source and adds pressure to local producers; a weaker peso has provided some support to expected returns.
Access to U.S. supplies gives Mexican buyers leverage and can weigh on local corn prices, while currency depreciation makes imported grain more expensive and partly offsets that pressure. Price uncertainty may also affect producers’ planting and financing decisions.
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