Panorama of the Mexican livestock market in the first half of July

Published 2024년 7월 25일

Tridge summary

The Agricultural Market Consulting Group (GCMA) reported mixed results for Mexico's livestock market up to mid-July, driven by seasonal demand. Pork imports from the US remained stable at 14,100 tons, though overall purchases are down 1.5% year-over-year, with local pork prices rising by 6% due to production gaps. Beef imports from the US increased by 20% in early July, totaling 774,100 tons for 2024, an 18% rise from 2023, while beef exports from Mexico fell by 3%, totaling 121,300 tons, an 18% decrease from last year. Egg demand dropped due to the summer vacation period, leading to lower prices, and Avian Influenza in the US resulted in the culling of 1.3 million laying birds.

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

Original content

The Agricultural Market Consulting Group (GCMA) reported on the outlook for the livestock market in our country until the second week of July, with mixed results derived from seasonal demand, however, foreign acquisitions continue to rise. Pork purchases with a marginal drop The consultancy reported that there has been an increase in the purchase of pork due to an increase in the pace of slaughter, this allowed Mexico to keep its imports of fresh pork from the United States stable, acquiring 14,100 tons in the second week of July. And so far this year, our country has purchased 361,200 tons. of this protein, 1.5% less than the same period a year ago. However, production gaps and internal seasonal demand impact the local pork trade, and the price of live pigs has increased by 6%. Beef shipments are down this year During this period, 25,900 t were obtained. of fresh beef from the US, an increase of 20% compared to the first week of July, which placed the total for 2024 at 774,100 ...

Source: Ganaderia