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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

USDA Projects an Increase in Domestic Meat Consumption and U.S. exports into Mexico

09/03/2024

The USDA has published a projection of meat and chicken consumption for Mexico extending through 2033. It is estimated that broiler consumption will increase from 84 pounds to 96 pounds per capita over the coming ten years. Pork consumption will increase from 44 to 50 pounds per capita and beef consumption will increase from 35 pounds to 36 pounds. 

 

Domestic consumption increased in Mexico after implementation of the NAFTA agreement in January 1994.  Integrating the market among  Mexico, the U.S. and Canada allowed for quota-free trade in grains, oilseeds, livestock, animal products and other agricultural goods. Improvements in consumption and agricultural trade continued after NAFTA was replaced with the USMCA Agreement.  To support higher consumption, Mexico increased imports of corn and soybeans with a fourfold increased in soybeans and corn imports over the period 1993 through 2023.

 

It is estimated that Mexico will attain a 31 percent growth in chicken imports over the next ten years concurrent with a 22 percent increase in domestic production.

 

In 2023 1st-ranked Mexico imported 721,342 metric tons of broiler parts from the U.S. valued at $810 million and 150,510 metric tons of turkey valued at $425 million. For the first half of 2024 Mexico received from the U.S. 358,912 metric tons of broiler products valued at $454 million and 79,055 metric tons of turkey products valued at $225 million.

 

It is important that all parties to the USMCA adhere to the agreement that functions to the mutual benefit of the three nations.


 
Copyright © 2024 Simon M. Shane