Mexico: Dairy and Products Semi-annual
Post forecasts both rising dairy imports and production in 2023, due to a favorable exchange rate and increased domestic demand for dairy products. Milk production is forecast to increase due to favorable weather conditions and a growing herd. As a result of higher domestic milk production, cheese, butter, and milk powder exports are forecast to increase. Skim milk powder and dry whole milk powder imports, particularly from the United States, remain strong and are forecast to increase in 2023.
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