What is the most profitable crop in Mexico?

What is the most profitable crop in Mexico?

Mexico’s Agricultural Trade The most profitable crops grown in the country include sugarcane and coffee. Coffee is generally exported however sugarcane is most often used for domestic consumption as opposed to exporting. Other profitable crops include pineapples, bananas, cacao, mangos, and vanilla.

How much do farmers spend on seeds?

Seed costs were $120 per acre in 2014, $118 in 2015, $116 in 2016, and $115 in 2017. This stability in recent years comes after rapid rises in seed costs from 2006 to 2014. Seed costs were $45 per acre in 2006, increasing to $120 per acre in 2014, an average yearly increase of 13%.

What is the average farm size in Mexico?

It is very clear that larger farms are concentrated in northern Mexico. All the states along the US border have average farm sizes in excess of 100 hectares. At the other extreme, a ring of states in central Mexico (centered on the Federal District) have average farm sizes that are below 5 hectares.

What’s the number one crop?

Update: In July, USDA’s National Agricultural Statistics Service (NASS) collected updated information on 2019 acres planted to corn, cotton, sorghum, and soybeans in 14 states.

How much do farmers spend on fertilizer?

Between 1985 and 2016, adjusted for inflation, US farm expenditures on fertilizers increased from $8.6 billion to $23.5 billion, and spending on chemicals swelled from $3.9 to $15.2 billion.

Where are most Mexican farms?

In the north and north-east, the farms are mostly large and irrigated, producing a wide variety of crops including wheat, sorghum, oilseeds and vegetables. Over half of Mexico’s cropland lies in the central highlands.

How much do farmers spend on fertilizer per acre?

Fertilizer expenses were highest from 2011 to 2013 at around $160 per acre. In 2014 and 2015, prices shifted lower and this application would have cost nearly $140 per acre. In the spring of 2016, the cost of this application dropped another $28 per acre, coming in at a total of $112 per acre.

How many acres does a ton of fertilizer cover?

per acre = 13.6 acres per ton. 2,000 lb./ton ÷ 238 lb. per acre = 8.4 acres per ton. Calculate the fertilizer cost per acre.