The Government of Mexico recently issued a decree reflecting an agreement with a number of private companies aimed at reducing prices for basic foods, including some pork and beef cuts. The decree includes an effort to attract additional suppliers to the Mexican market, building on a decision earlier this...
The Government seeks to implement a new marketing system, but small and medium-sized establishments are resisting. Click here to read full note: https://www.ambito.com/carne-fin-media-res-se-prorrogo-75-dias-pedido-frigorificos-y-provincias-n5572683
Brazil is expected to achieve record-high beef exports next year as key competitors such as Argentina, Paraguay, Uruguay and India see supplies tighten, the US Department of Agriculture (USDA) has forecast. Click here to read full note: https://www.independent.ie/business/farming/beef/beef-trade/brazil-set-to-continue-as-worlds-top-beef-exporter-42108489.html
Farm groups in the United States have publicly called on their government to challenge Mexico’s decree under the North American trade pact, TMEC, warning of potential billions of dollars in economic damage to both countries. Mexico is studying the possibility of reaching agreements with farmers from the United States,...
Beef exports closed September with a negative sign and with a growing concern in the sector regarding purchases by China, which have already begun to decline significantly. According to a report by the Meat Exporters Consortium (ABC), shipments fell 5.3% last month compared to August to 54,400 tons of product weight and closed at...
Last week dressed sales were reported at $302 per cwt. delivered. Cattle were being scheduled for late November/early December delivery. Light volumes of Alberta cattle traded to the U.S. Depending on freight and dressing percentage, cattle were working back to the $186 per cwt. area f.o.b. the lot. Sales...
The Bolivian government has temporarily banned the export of six basic food products, including soybeans, sugar and beef, due to a strike in the agricultural region of Santa Cruz. The export suspension came into force on Thursday at 00:00 due to “a risk of shortages” after five days of...
An article in Political Animal revealed that the process for the health authorities to allow their access has been ongoing for more than a year. However, in recent days, the government of Andrés Manuel López Obrador announced a single universal license that will be granted to 15 companies to exempt them from sanitary procedures and...
From January to September, Mexican exports of pork, beef and chicken totaled 443,659 tons, a growth of 0.7% compared to 2021, this for a value 2.1% higher than that of the same period last year, closing the turnover at 2,513.4 millions of dollars. The Agricultural Markets Consulting Group (GCMA) reported that regarding chicken exports, this...
Global beef production is forecasted to see marginal decline in 2023 to 59.2 million tonnes. Although production gains are expected in China, Brazil, and Australia, these will be offset by declines in the US and the EU. Global exports are also forecast to decline, dropping 1.2% in 2023 to...