Particle.news
Download on the App Store

Mexico Sets New Bajío White Corn Price Bases, Adds 950-Peso Support

The Agriculture Ministry projects roughly 25% higher receipts, with contracts tied to the March 2026 futures price.

Overview

  • SADER announced reference bases for the Primavera–Verano 2025 cycle: a standardized consumption base of $143 per ton, a regional maximum base of $38, and a guaranteed minimum of $105.
  • A jointly financed support payment of 950 pesos per ton from the federal government and Bajío states will supplement the dollar-denominated bases.
  • All purchase-sale contracts must use the March 2026 corn futures contract as the price reference to provide planning certainty and reduce price volatility.
  • The government says the package constitutes the highest white-corn commercialization base in a decade and is intended to ensure domestic milling and nixtamal industries absorb national supply.
  • GCMA estimates producers would receive about 5,195.38 pesos per ton from the base plus the 950-peso support for roughly 6,138.48 pesos per ton, and officials signaled work on a formal market-ordering system to follow.