Mexico

Mexico Is No Longer No. 1 U.S. Corn-Buyer After Trade Tensions

Mexico is no longer the biggest buyer of corn from the U.S., a sign that trade tensions are pushing American grain toward other markets while its southern...

As Mezcal Demand Surges, Pernod Ricard Said To Buy Mexico Brand

Pernod Ricard SA is acquiring a majority stake in Del Maguey mezcal, according to people familiar with the matter, a deal that would make it the third majo...

Dr Oetker Takes Over Baking Product Manufacturer In Mexico

Pizza and baking products manufacturer Dr Oetker has announced the takeover of Grupo Rexal, based in Monterrey, Mexico, which is a leading producer of baki...

US Extends Sugar Talks With Mexico As Both Countries Near Deal

The US extended its deadline to reach a deal with Mexico on talks over sugar, as the two countries neared an agreement that would prevent a tit-for-tat tra...

Guacamole Costs To Jump As Avocado Shortage Sparks Record Prices

That bowl of guacamole on Cinco de Mayo will be more expensive this year, as avocado prices rise to a record on surging demand and a smaller crop in Mexico...

Mexican Consumers Spending More, In Spite Of Macro Concerns: Kantar Worldpanel

A study by Kantar Worldpanel has found that the value of FMCG spend in Mexico rose by 5% last year, ahead of inflation rates, despite concerns over the str...

Jose Cuervo Said To Raise $790M In Biggest Mexican IPO Since 2013

Jose Cuervo has sold about $790 million worth of shares in Mexico’s biggest equity offering in more than three years, according to people with knowle...

Avocados, Chili Peppers, Beer: Where Mexico Border Tax Would Hit

The 20 percent tax on imports floated by the Trump administration would affect a wide range of agricultural goods. Mexico exported $21 billion of food and...