U.S. beef exports to Mexico are off to a strong start in 2023, with shipments through February 2023 climbing 15% from a year ago in volume (just over 33,000 metric tons) and 13% higher in value ($186.3 million).
U.S. Meat Export Federation President and CEO Dan Halstrom says this is partly driven by the post-COVID recovery in Mexico’s restaurant and hospitality sectors, which is much further advanced than it was a year ago. He added that in contrast to several other key trading partner currencies, the Mexican peso has strengthened in recent months verses the U.S. dollar, putting buyers from Mexico in a more favorable position to purchase U.S. beef cuts.
Gerardo Rodriguez, USMEF regional director for Mexico, Central America and the Dominican Republic, explains that his team is focused on showcasing alternative, affordable cuts from the chuck and round in ways that appeal to consumers in different regions of Mexico.
Comments