The Government of Mexico recently issued a decree reflecting an agreement with a number of private companies aimed at reducing prices for basic foods, including some pork and beef cuts. The decree includes an effort to attract additional suppliers to the Mexican market, building on a decision earlier this year to suspend duties on most imports of pork, beef and poultry.
Mexico currently bans or restricts meat imports from certain countries based on animal health regulations and food safety standards. Erin Borror, U.S. Meat Export Federation vice president for economic analysis, explains…