1、 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.GOVERNMENT POLICY Required Report:Required-Public Distribution Date:May 17,2024 Report Number:MX2024-0025 Report Name:Coffee Annual Country:Mexico Post:Mexico City Report
2、 Category:Coffee Prepared By:Adriana Otero Arnaiz Approved By:Alexander Chinh Report Highlights:Mexicos coffee production for marketing year 2024/25 is forecast at 3.89 million 60-kilogram bags.This represents a slight increase from previous years,driven by incentives to plant due to favorable coffe
3、e prices and ongoing efforts to improve coffee varieties.Roasted coffee consumption within Mexico is also expected to see a modest but sustained increase,reaching 1.3 million 60-kilogram bags in 2024/25.The United States continues to be the primary market for Mexican coffee,importing green,roasted,a
4、nd soluble coffee beans from Mexico.Production Mexicos coffee production for marketing year 2024/25(October September)is forecast to reach 3.89 million 60-kilogram bags.This change represents a slight increase from the previous year.An anticipated rise in international coffee prices is expected to b
5、enefit producers.With higher revenue,producers can invest in better agricultural practices,such as removing excess berries from the trees and surrounding soil to reduce the risk of pests and diseases.According to the International Coffee Organization(ICO),global coffee prices reached a 13-year high
6、in April 2024.However,high prices will likely be offset by increasing production costs,including for inputs and labor.These offsets limit the potential for a more significant production increase.2 The forecast for marketing year 2023/24 has been revised upward to 3.8 million 60-kilogram bags,and the
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