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Overview of Mexico's Agriculture Industry in 2012

The following is an overview of Mexico's agriculture industry in 2012, including the main types of farm products produced and the sector's principal exports.

Posted by: Patrick FearonCategory:Mexican Agriculture Industry, Trade Balance and Exports, Competitiveness, Special Reports, Leave Comment

U.S. and Mexico Sign New Tomato Suspension Agreement

In early March, the United States and Mexico signed a new agreement governing the tomato trade between the two countries.  The deal sets an artificial price floor for Mexican imports.  Only time will tell exactly how the new deal will play out in the market.

Posted by: Patrick FearonCategory:Mexican Agriculture Industry, Leave Comment

Unusual Freeze Destroys Vegetable Crops

An unusual freeze in Sonora and Sinaloa has devastated those states' agricultural lands, destroying up to 80% of their open-field and shadehouse crops.  However, Terra Nova's greenhouse operations were little affected, and our companies are in a good position to take advantage of the resulting rise in prices.

Posted by: Patrick FearonCategory:Mexican Agriculture Industry, Mexican Economy, Leave Comment

Demand, Prices Boost Mexican Veggie Producers

U.S. data for fresh-market vegetables shows consumption has been rising at a good pace over the last two decades, while winter-season prices have risen particularly fast.  The analysis validates Terra Nova's strong interest in Mexican produce firms that export to the United States.

Posted by: Patrick FearonCategory:Mexican Agriculture Industry, Leave Comment

June Export Growth Slows to 28.8 Percent YOY

Mexico's June merchandise trade balance worsened to a seasonally-adjusted deficit of $914.1 million.  Exports in June were up just 28.8% from the same month one year earlier, while imports were up 36.3%.

Posted by: Patrick FearonCategory:Mexican Agriculture Industry, Mexican Economy, Trade Balance and Exports, Leave Comment

Mexico's Top Agricultural Products

Because of Terra Nova's focus on private-equity investments in Mexican agriculture companies, and because of recent news stories detailing how Mexico has ramped up its exports of tomatoes in response to high prices in the U.S. tomato market, it may be useful to review Mexico's top agricultural products.

Posted by: Patrick FearonCategory:Mexican Agriculture Industry, Special Reports, Leave Comment

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