Millionaire risk for the Mexican meat business due to the new USDA labeling

Approximately 1,300 million dollars is the amount that would be at risk for Mexico, if the modifications proposed by the United States government to the regulations of the labeling "Product of the United States" are approved, this derived from shipments of bovines and beef made in 2022, as estimated by the Agricultural Markets Consulting Group (GCMA). Regarding exports of pork, these have an approximate value of 187 million dollars, according to the Ministry of Agriculture and Rural Development. Héctor Alejandro Garza Garza, president of the Mexican Association of Meat Producers (AMEG), explained to GANADERÍA.COM that since Mexico is the second main supplier of beef to the US, this labeling would have a strong impact on the industry, since self-service chains would begin to demand it from their suppliers, forcing the industry to segregate both animal and bovine protein from other nations, in order to remain profitable. ☞THE DATA: Mexico supplies 24% of the beef needs in the United ...