Mexico: Livestock and Products Semi-annual
Link to report:
Mexico’s calf and pig crops, as well as beef and pork production, are projected to grow in 2021, despite ongoing pandemic emergency measures hampering domestic demand from the hotel, restaurant, and institutional (HRI) foodservice industry. In 2021, live cattle exports are expected to drop from the record 1.6 million head seen in 2020. In 2021, beef imports are forecast to decline while pork imports increase, but exports of both animal proteins will increase compared to the same period. Projected increases in animal feed costs may negatively affect Mexico animal production in 2021, but sufficient domestic feed production is expected to help offset those increased costs.
