Released June 13, 2022
SIAP (Servicio de Información Agroalimentaria y Pesquera) reported that at the end of the 2021 Spring-Summer Cycle, paddy rice production reached 161,291 MT equivalent to 106,129 MT of white rice, 18% less than the obtained in the same period last year.
Until April 30, 2022, in the 2021/2022 Fall-Winter cycle, 19% of the planted areas had been harvested obtaining 16,562 MT of paddy rice equivalent to 10,898 MT of white rice, with the State of Michoacan, contributing with 78% of the harvest so far.
For the new 2022 Spring Summer Cycle, it is expected that planting will reach 32,613 hectares, expecting a production of 201,632 MT of paddy rice / 132,674 white rice.
In the full commercial year October 2021/ September 2022, the Mexican government expects a production of 170 thousand MT; Imports around 1.03 million MT; exports around 12 thousand Mt and a consumption of 1.18 million MT, leaving a final inventory of 112 thousand MT in September 2022.
Prices paid to producers in April 2022 were 5,380 MXP / US$374.24 per MT, 24% higher than in April 2021. Wholesale reference price was 19.75 MXP /US$9.87 per kilo, 5.3% higher than in April 2021, and price to consumer reached 33.15 MXP / US$16.50 per kilo, 4.5% higher than in April 2021.
Submitted by Raul Caballero, USRPA representative in Mexico