Canada’s malting barley industry is setting its sights on the Mexican market.
It is the world’s second largest importer of processed malt and the third largest buyer of malting barley.
Canada is eager to expand sales into that market to reduce its reliance on China and the United States, two markets where there have been a series of recent trade challenges.
The industry has been focused on market diversification the past couple of years, and Mexico is an obvious first choice.
It is the second or third largest market for Canadian processed malt in any given year, but it has not been a buyer of malting barley until recently.
Mexico purchased 33,000 tonnes of Canadian malting barley in April of this year, the first cargo since 2020.
