Mexico City, Mexico
October 18, 2007
Source:
USDA/FAS GAIN report MX7072
Due to the increase in corn prices
around the world, Mexican feeders have turned to sorghum as an
alternative for their needs. This increased demand has affected
domestic supply, which has been unable to satisfy the market by
almost 1.5 million MT. However, the volume of imports (all from
the United States) has registered a 17 percent increase from
last year.
Information from the Ministry of
Agriculture (SAGARPA), reports that average prices of sorghum
imports have gone from U.S. $114 to U.S. $166 per MT in one
year.
Source:
Reforma, 10/08/07 |
