"Mexico Agribusiness Report Q3 2013" Published
We are forecasting production and consumption growth across the entire agricultural complex out to 2017, although growth rates will vary widely. In general, we are very positive regarding the longterm growth story in Mexico, which we believe will be driven in part by a strong consumer story. Indeed, only consumption of whole milk powder (considered an inferior good in the country) is forecast to grow by less than 1% over our forecast period. Despite this, we have relatively subdued production...
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