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Weekly Roundups

Mexican Agricultural Sector Recognized as Global Powerhouse

By Miriam Bello | Thu, 01/06/2022 - 14:44

The Mexican agricultural sector has been recognized as an agro-export world power, with exports reaching 192 countries. In addition, the Mexican government is developing projects to study the effects of climate change on agriculture and vice versa.

Here is The Week in Agribusiness!

A National Sugarcane Agroindustry Program 2021-2024

To guarantee the development of the sugarcane agribusiness and generate jobs in rural areas, the Ministry of Agriculture and Rural Development (SADER) in coordination with the National Committee for the Sustainable Development of Sugarcane (Conadesuca), formulated the National Sugarcane Agroindustry Program 2021-2024 (Pronac). Through Pronac, the Mexican government aims to support the 2.5 million people who depend directly and indirectly on the sugarcane agribusiness, including producers, cutters, machinery operators, agricultural workers and transporters.

New Guaranteed Prices for Basic Grains and Milk Production

New guaranteed prices began to be implemented to support national producers of basic grains and milk. The Basic Food Products Guarantee Prices Program (PPGPAB), which operates nationwide, will pay MX$6,278 (US$306.20) per ton of corn from small producers up to a maximum volume of 20 tons per farmer.

Mexico and Japan Strengthen Relations

SADER and the Ministry of the Economy called on the heads of Economic Development of the state governments to promote exporting pork to Japan. In 2020, exports to the Asian country amounted to 104,000 tons and it is estimated that last year closed with just over 112,000 tons, for an economic value of around US$516 million.

Mexico-US Regulatory Cooperation

To strengthen the safe commercial exchange of agri-food products between Mexico and the US, the National Service for Agri-food Health, Safety and Quality (Senasica) and the US’s Food and Drug Administration (FDA) agreed to strengthen the technical cooperation within the framework of the Alliance for Food Safety. According to SADER, the expansion of these safety programs will allow the food-producing industry to enter more competitive domestic markets and have a better chance of meeting the demands of international markets.

Experts of the Week

Mexican wine is experiencing a global boom, shared Paz Austin, Director General, Mexican Vitiviniculture Council. The industry generates about 500,000 jobs for day laborers who reside in some of the most marginalized areas of the country. Read her full article here.

Israel's success story is a model for dairy companies around the world, said Lior Yafe, Economic Counselor, Embassy of Israel in Mexico. The embassy’s commercial attachés are working to facilitate foreign investment and establish strategic alliances with companies in Mexico. Find out more here.

Despite Mexico’s challenges to overcome the global pandemic, the agribusiness sector remains a strong, attractive capitalizer of investment, said Miguel Ángel Curiel, General Manager Mexico, Driscoll's. Read his expert contributor piece here.

Miriam Bello Miriam Bello Journalist and Industry Analyst