Weekly USMEF Audio Report: Customers of U.S. Red Meat in Mexico Seek More Stable Trade Environment  

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DENVER, CO – May 14, 2019 – Dan Halstrom, U.S. Meat Export Federation (USMEF) president and CEO, just returned from a series of meetings in Mexico with importers, processors and other key customers of U.S. red meat.

Halstrom says that despite a 20% retaliatory duty on most U.S. pork entering Mexico and growing concern that the Mexican government could eventually retaliate against more U.S. agricultural products, customers remain cautiously optimistic and upbeat. He notes that one of the main objectives of the trip was to reassure customers about the reliability of the U.S. red meat supply chain. They were also interested to learn more about U.S. industry efforts to build support for the U.S.-Mexico-Canada Agreement (USMCA) and removal of U.S. tariffs on steel and aluminum imports from Mexico.

Halstrom points out that U.S. beef exports to Mexico posted a solid first quarter, with combined beef/beef variety meat volume increasing 1% from a year ago to 57,591 metric tons (mt) while value jumped 12% to $280.2 million. This included a strong increase in beef muscle cut exports, which were up 14% in volume (35,481 mt) and 16% in value ($220.7 million).

Pork exports haven’t fared as well in 2019, with first quarter volume down 13% year-over-year to 177,420 mt, while value declined 29% to $261.9 million. Halstrom explains that while the U.S. is still Mexico’s primary supplier of imported pork, Canada, Chile and the European Union are gradually gaining market share and Mexico’s domestic pork production is also trending higher.

Halstrom on Mexico customer mtgs 5-13-19

The U.S. Meat Export Federation (www.USMEF.org) is the trade association responsible for developing international markets for the U.S. red meat industry. It is funded by USDA; the beef, pork, lamb, corn and soybean checkoff programs, as well as its members representing nine industry sectors: beef/veal producing & feeding, pork producing & feeding, lamb producing & feeding, packing & processing, purveying & trading, oilseeds producing, feedgrains producing, farm organizations and supply & service organizations.   

Submitted to the BARN by:

Joe Schuele

Vice President, Communications

U.S. Meat Export Federation

303-226-7309 (office)

303-547-0030 (mobile)

jschuele@usmef.org

www.usmef.org

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05-14-19 Weekly USMEF Audio Report: Customers of U.S. Red Meat in Mexico Seek More Stable Trade Environment
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By Brian Allmer - The BARN

Tucker Allmer & the BARN are members of the National Association of Farm Broadcasting (NAFB), the Colorado FFA Foundation, the Colorado 4H Foundation, the Colorado Farm Show Marketing Committee, 1867 Club Board Member, Denver Ag & Livestock Club Member, the Weld County Fair Board, the Briggsdale FFA Advisory Council, Briggsdale 4H Club Beef Leader & Founder / Coordinator of the Briggsdale Classic Open Jackpot Show.