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The United States plans to significantly increase its sugar imports from Mexico to 1.15 million tons

The United States plans to significantly increase its sugar imports from Mexico to 1.15 million tons

金十金十2026/07/13 01:46
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```htmlGolden Ten Data reported on July 13 that, according to a statement released by Mexican President Sheinbaum on social media, the US Department of Agriculture expects to import up to 1.15 million tons of Mexican sugar in the 2026-2027 season. The statement noted that this volume represents a 512% increase compared to the 2025-2026 season. This figure was first published in a US Department of Agriculture report citing agricultural supply and demand conditions, released on July 10 local time. Based on current prices, this could bring Mexican producers up to approximately 4.76 billion Mexican pesos (around $272 million USD) in revenue. In the cycle ending in September, US demand for Mexican sugar has dropped to only 200 thousand metric tons, whereas in the cycle ending in 2022, the number exceeded 1 million metric tons. This led Mexican officials to begin consultations with US counterparts starting last November.```
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