THE BIG PICTURE
in on average 28,769 tonnes of beans monthly between September 2023 and July 2024. Some trade sources suggest Mexico will only be importing around 35% of that number this year. And the picture may be even tighter. Vicente Mendoza No crop is certain until it’s out of the ground. But what is certain is that if Mexico achieves the top end of estimates, the USA could be left holding bags and bags of black beans and pintos. believes Mexico will comfortably cover domestic demand with existing stocks and an improved crop: "For market year 2024/2025, it's likely we will consume around 750 thousand tonnes of beans – with a carryover of around 200 thousand tonnes. Added to the 500-550 thousand tonnes of spring/summer harvest, this alone gives you what you need to satisfy
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