April beef exports to Mexico climb 46% - USMEF
Export value increased 48% to $120.8 million
13 June 2024
1 minute read
By: Bolstered by strong foodservice and retail demand, April beef exports to Mexico climbed 46% from a year ago to 21,031 mt. Export value increased 48% to $120.8 million – the highest since December 2020 and the seventh highest on record, according to data released by USDA and compiled by USMEF.
Coming off a strong rebound in 2023, January-April exports to Mexico increased 19% to 77,530 mt, while value jumped 24% to $454.3 million. This included an outstanding performance for beef variety meat exports, which increased 23% from a year ago in volume (40,490 mt) and 16% in value ($108.7 million).
With a severe drought situation and surging imports of corn, Mexico is exporting more feeder cattle to the United States, exporting less beef to the United States and importing more US beef.
