AGRIBUSINESS: Pork Exports To Mexico Set Records
According to the U.S. Meat Export Federation, 2012 was a record year for U.S. pork sales to Mexico, totaling 1.3 billion pounds valued at more than $1.1 billion. Through the first 7 months of 2013, U.S. pork exports to Mexico are up 2% in volume and 3% in value compared to last year. The people of Mexico currently consume about 35 pounds of pork per person per year. That compares to about 46 pounds in the U.S. and 84 pounds in China. The U.S. currently supplies about 90% of pork imports to Mexico. While the country is about 65% self-sufficient in pork production, though the Mexican pork industry doesn’t have the capacity to fully satisfy increased demand.