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US wheat exports to Mexico seen rising as much as 40pc

MEXICO CITY: Mexican bread and flour tortilla makers will likely use significantly more wheat sourced from the Unite
Published Updated

MEXICO CITY: Mexican bread and flour tortilla makers will likely use significantly more wheat sourced from the United States this year despite growing unease with US President Donald Trump, Mexico's main wheat chamber CANIMOLT said.

Wheat shipments to Mexico from Russia are also expected to repeat last year's big jump in volume, while Argentine wheat is seen gaining a new foothold as the Mexican industry continues to diversify its suppliers.

Mexico relies on wheat imports to meet about two-thirds of domestic demand.

Copyright Reuters, 2019

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