Mexico: Livestock and Products Annual
Mexican beef consumption continues to fall next year while pork rebounds slightly as the more affordable meat. Similarly, beef imports are seen falling while pork imports grow. Cheaper international grain prices mean meat production grows next year. Mexico’s cattle herd recovery remains 3-5 years out, as feeder cattle exports continue to be pulled north by high U.S. prices. Over half of Mexico’s beef production now comes from federally regulated plants. PEDv issues are under control in most areas.
