SUGAR: Mexico production for 2023/24 is projected at 4.875 million metric tons (MT), a decrease of 141,000 from last month and also 349,248 lower than last year. The sugarcane harvest in Mexico continues to lag at levels unprecedented in recent times. All relevant production parameters (yields and recovery) through February 2 are several standard deviations below 10-year averages with no improvement being seen as time advances. Late unseasonal rainfall has been present in all regions except the droughtplagued Northeast slowing the pace of the campaign. Interim analysis based on the latest CONADESUCA data implies a full-season national sugarcane yield of 62.6 metric tons (MT)/hectare and an extremely low sucrose recovery of 10.03 percent. Applying these rates to area harvested estimated by CONADESUCA at 776,408 hectares produces the current WASDE projection.