Mexican Corn Production Seen Advancing by UN on Planting

Corn production in Mexico, the second-biggest buyer of the grain from the U.S., may climb 2.6 percent from the previous year as planting expanded, the United Nations’ Food & Agriculture Organization said.

Mexico may harvest 22.4 million metric tons of corn this year, up from 21.836 million tons a year earlier, the Rome-based agency said in a country report dated yesterday on its website. Farmers have begun planting corn for the main spring-summer crop, which accounts for 70 percent of the country’s total output. The secondary autumn-winter crop, which is still being harvested, may be 4.8 million tons, 10 percent smaller than a year earlier because of frost damage in January, the FAO said.