Mexico’s resilient pork sector gears for growth

Published 2021년 9월 17일

Tridge summary

Mexico's pork production is expected to hit record levels in 2022 due to recovering domestic demand and strong exports, particularly to Asia. The swine herd is projected to grow to 21.45 million head, leading to 20.3 million swine slaughtered. Despite high prices, domestic consumer demand for pork is on the rise. The US is Mexico's main pork supplier, and the country's pork exports, mainly to the US, Canada, Japan, and Korea, are expected to remain steady in 2022.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pork production in Mexico is anticipated to reach record levels in 2022. This reflects recovery and growth in domestic demand as well as strong exports to Asia. Mexico’s livestock sector remains resilient in the face of numerous environmental, policy, and economic challenges, yet domestic consumer demand for pork continues to rise despite all-time high prices. Mexico’s swine herd is forecast to expand to 21.45 million head in 2022, up 3% from 2021, according to a Global Agriculture Information Network report released in July 2021 by the United States Department of Agriculture (USDA). This growth is expected to continue due to improved swine genetics, breeding, animal health protocols, and strong domestic and export demand for pork. Furthermore, litter sizes are expanding, and swine mortality rates continue to fall. Swine slaughter is forecast to reach 20.3 million head in 2022, up 3% from 2021. Industry sources report that swine weights for slaughter vary from about 120 to 127kg. ...

Source: Agriorbit