Mexican sugar production falls 15% hit by drought
Mexican sugar production fell 15% in the current season, which is ending early due to a drought that has sapped crops and impacted yields, producers said Friday, citing official data.
It is reported by Nasdaq.
Mexico, which exports sugar to the United States, produced 5.22 million tonnes in the 2022/23 season, falling short of the most recent estimate of some 5.43 million tonnes...