El FAS projects a 7% growth in beef consumption in Mexico by 2026

The United States Department of Agriculture (USDA) reported that Mexico remains one of the main destinations for U.S. beef, despite the fact that local production of this protein continues to rise. In 2024, this country consolidated itself as the second largest buyer of U.S. beef by importing 232,488 tons, 10% more than in 2023, with a value of 1.3 billion dollars. According to estimates from the Foreign Agricultural Service (FAS), beef consumption in Mexico will grow by 4% by the end of this year, despite the inflationary behavior that these have presented. Projections for 2026 point to a cumulative increase of 7%, equivalent to 2.4 million tons. Impact of Trump's trade policy Despite these positive projections, from January to June 2025, U.S. beef exports to Mexico decreased by 7% compared to the same period of the previous year, standing at 106,088 tons. The decrease was related to political tensions within the framework of the Treaty between Mexico, the United States, and ...