From the Center
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Mexico is suffering its worst drought in 70 years. Its largest city is under severe water rationing, while farmers have seen their lands and crops ravaged. Production of corn, a food staple, has dropped by as much as 50% in some parts of the country. North of the border, American farmers produced a record corn crop in 2023, and that surplus is ready to make its way to Mexico. U.S. corn exports to Mexico were forecast to rise to 22 million tons for the 2024-2025 marketing year. But protectionist measures...
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