U.S. beef exports to Mexico are off to a strong start in 2023, with shipments through February climbing 15% from a year ago in volume (just over 33,000 metric tons) and 13% higher in value ($186.3 million), the U.S. Meat Export Federation (USMEF) reports.
USMEF President and CEO Dan Halstrom says the increases have been 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…
