Analysis: Exchange Rates Impact on Mexican End Cuts

Throughout 2023, the Mexican export market has experienced a contrasting activity compared to the previous year. This is a result of various factors that have influenced the beef industry and consequently, led buyers and sellers to adopt different positions and develop specific business strategies to meet their inventory needs and budget requirements.

The main factor influencing this market situations is due to the production levels in the U.S. market. At the beginning of the year, it seemed as an opportunity for the Mexican market to expand its market share as a...

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