First Majestic Silver Corp. reported that it recorded a 27% year-on-year decline in its silver equivalent production in the first quarter of 2021. Headquartered in Vancouver, Canada, the company announced that total production in the first quarter of the year from its three production operations in Mexico, the
FEMSA reported that 51% of the total sales of the OXXO store chain in Mexico consist of products that suppliers deliver directly to stores. Other products with longer useful lives are distributed to stores through the Mexican distribution system of FEMSA’s Proximity Division, which includes 21 regional warehouses
The International Grains Council (IGC) projected that China could surpass the European Union in wheat production. Likewise, the IGC expects world wheat results to reach consecutive all-time highs over the next five seasons. Given the strong net increases in production registered in Argentina, Ukraine and the European Union,
The peso closed the session with a moderate appreciation of 0.16% or 3.3 cents, trading around 20.06 pesos per dollar, with the exchange rate touching a minimum of 20.0124 and a maximum of 20.1300 pesos per dollar, that is, a variation interval of 11.7 cents. Since February 2020,
The Mexican processed food industry receives about 90% of its supplies locally, according to an analysis by the Department of Agriculture (USDA). These supplies include fruits, vegetables, cardboard, glass, plastic, and tin. Nationally produced goods have certain competitive advantages, such as a better knowledge of the local industry
Mexico stands out in the processing ingredients market, according to a report from the Department of Agriculture (USDA). Worldwide, Mexico ranks 11th in this market, and third in the region, after the United States and Brazil. While Mexico continues to be a growing market for US processing ingredients,