Consumption of meats drives Mexican demand for grains

Mexican demand for corn and soybeans is expected to continue on an upward trajectory in the coming years, driven by increased consumption of meats and the growing need for animal feed. This movement reinforces the importance of imports of these grains, especially from suppliers with established logistical and commercial advantages. Mexico is today the main market for U.S. agricultural exports, with sales exceeding $30 billion in 2024, a growth of nearly 7% over the previous year. American products account for about 75% of all Mexican agricultural imports, reflecting a high level of trade integration between the two countries. This scenario favors the advancement of sales of corn, soybeans, and derivatives used in animal feed. In recent decades, total meat consumption in Mexico has practically doubled, supported by population growth and the average increase in GDP per capita. The higher purchasing power has expanded the demand for higher-value-added proteins, putting pressure on ...