DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/e3580e/mexico_agribusines) has announced the addition of the "Mexico Agribusiness Report Q1 2011" report to their offering.
Business Monitor International's Mexcio Agribusiness service provides proprietary medium term price forecasts for key commodities, including corn, wheat, rice, sugar, cocoa, coffee, soy and milk; in addition to newly-researched competitive intelligence on leading agribusiness producers, traders and suppliers; in-depth analysis of latest industry developments; and essential industry context on Mexcio's agribusiness service.
BMI View: 2009/10 was a difficult year for many Mexican agricultural producers, due primarily to the adverse weather conditions that caused widespread crop damage. The 2010 Atlantic hurricane season was an extremely active one, with large parts of the country battered by heavy rains brought about firstly by Hurricane Alex, which hit northern Mexico in June-July 2010 and later by Hurricane Karl that swept over the southern states and Veracruz in September. The rains have led to year-on-year (y-o-y) dips in production for many important crops, including corn, sorghum, sugar, barley and soybean. Coffee production has also fallen, with output dented by cold weather early during the harvest, which disrupted the flowering process.
In contrast, the livestock and dairy sectors have both shown signs of recovery from the economic recession. These gains promise to continue in 2010/11. Domestic demand is also beginning to pick back up - in September 2010, consumer confidence was almost back up to pre-crisis levels. BMI anticipates per capita GDP to have risen to US$8,283 in 2010, up from US$8,155, while real GDP growth has bounced back to 4.4% y-o-y. This bodes well for the agricultural sector. However, we caution that risks may yet be weighted to the downside, as the economic recovery has been driven by strong growth in the manufacturing sector. With external demand for Mexican goods set to cool into 2011 as the US economy falters, consumer demand could fall back once again. In addition, real GDP growth is set to cool to the 3% mark, held back by the high cost to the economy of the serious organised crime problems that continue to ravage the country.
Key Topics Covered:
- Executive Summary
- SWOT Analysis
- Industry Forecast Scenario
- Mexico Cocoa Outlook
- Mexico Sugar Outlook
- Mexico Livestock Outlook
- Mexico Grain Outlook
- Mexico Coffee Outlook
- Mexico Soybean Outlook
- Mexico Rice Outlook
- Mexico Dairy Outlook
- Competitive Landscape
- Commodity Price Analysis
- Industry Forecast Scenario
- Industry Trend Analysis
- Forecast Modelling
For more information visit http://www.researchandmarkets.com/research/e3580e/mexico_agribusines