Drought, gap in meat needs, and Mexican livestock; one of the topics during the 2023 Bovine Meat Forum

Published 2023년 9월 12일

Tridge summary

The current drought conditions in the United States have resulted in significant losses for cattle herds, providing an opportunity for Mexican livestock to meet the demand. American consumers are willing to pay more for quality animal protein, so investment in technology to meet higher standards is crucial. Mexico can take advantage of this moment by establishing alliances between the meat industry and national bovine producers to export cuts of beef for greater added value and profits.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Randy Blach, general director of the American organization Cattle Fax, explained that the current drought conditions experienced in the North American country resulted in his cattle herd losing 3 million heads so far this year, which represents an important opportunity to marketing for Mexican livestock. He assured that North American consumers are willing to pay more based on the quality of this animal protein, so it is vital that resources be allocated to invest in technology to meet higher standards. Due to the drought, the United States has lost at least 1 mt. of boneless beef, worth $6.3 billion. According to figures presented during the Bovine Meat Forum 2023, held in Nuevo León, the number of animals lost is equivalent to approximately one million tons of boneless beef, which in the market accumulates a value close to 6,300 millions of dollars. From the state Agricultural Council (CEA-NL) they assured that for our country to take advantage of this moment, it is essential to ...
Source: Ganaderia

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