Meat imports and rising production costs put pressure on Mexican pig farmers

Published 2023년 3월 30일

Tridge summary

Mexican livestock farmers, especially pig farmers, are facing significant challenges due to rising production costs and the import of cheap meat from countries like Brazil and Argentina. The cost of production is higher than the selling price, leading to a critical financial situation for farmers. A demonstration is planned in front of the Ministry of Economy to draw attention to these issues. The situation is exacerbated by a decrease in the price of grain, a crucial input for production. As a result, production units may start to close due to a lack of liquidity and losses.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The constant increase in production costs, as well as the import of meat, are factors that are putting pressure on livestock farmers, mainly affecting pig farmers, a sector that is going through a critical situation, said the president of the Regional Livestock Union of Querétaro (UGRQ), Alejandro Ugalde Tinoco. This problem is aggravated by the disparity between production costs and the prices at which cattle are sold; while pig farmers receive between 29 and 30 pesos per kilo of pork meat, the production cost is around 38 pesos per kilo and the public price is around 130 pesos (1 peso = R$0.28) For this reason, the sector is fighting for the creation of a price regulatory body, in which the federal bodies have influence, to reduce the gap that persists between the payment received by the producer and the final price of the product. For about five years now, cattle ranchers have been experiencing a constant increase in production costs, pressured largely by increases in inputs ...

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