US pork exports to Mexico recovering
US pork exports have seen a resurgence of sales this
year and this can partly be equated to growth in the Mexican market, a market
which still holds considered potential for increased sales.
In 2007, US pork exports to Mexico slowed somewhat due
to heavy supplies of domestic Mexican pork that were available, according to
Mexico City-based Chad Russell, the US Meat Export Federation's regional
director for Mexico and the Dominican Republic.
"There was a large
liquidation last year, particularly among the smaller and medium-sized
producers," Russell said. "That was one of the reasons our exports last year
were down because there was an excess supply of domestic Mexican pork in the
marketplace. But that inventory has been worked off. So there is less domestic
product in Mexico and there's a need to import -- particularly to large
processors who have large facilities. They need raw ingredients to keep their
operations running so they're turning to US pork."
So far this year, pork
exports to Mexico have increased about 17%, as the industry strives to recapture
the record levels achieved in this market back in 2006.
Russell, Mexico is a price-sensitive market, but its remains a promising region
for further growth. Already the largest importer of US beef, Mexico is now the
third-largest export market for US pork and second-largest market for pork
â€¢ US Meat Export Federation
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