In Q1, U.S. pork exports to Mexico grew by 11 percent year-over-year according to the U.S. Meat Export Federation (USMEF). That’s despite U.S. exports hitting a record $2.6 billion in 2024. According to USMEF, pork consumption in the country has increased more than 50 percent over the last 15 years. More than half of the pork consumed in Mexico is imported, and the U.S. supplies more than 85 percent of those imports. In fact, March export data show that U.S. exports of pork, beef, and lamb all increased year-over-year.
Pork exports rose 3 percent to 269,344 MT, valued at $769.7 million. Demand was led by Mexico, Central America and a rebound in Colombia and South Korea. Beef reached its highest point since June 2023...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...