ANALYSIS: US-Mexico Ribeye Price Gaps and Market Shifts
Historically, the export market for Mexican beef to the US has shown consistent year-over-year volume increases, positioning Mexico as a key source for buyers seeking products to meet inventory needs. However, recent years have brought challenges, with rising demand and price surges in the US market, alongside exchange rate fluctuations, causing price differentials to shift based on factors like seasonality.
From January to April 2024, Mexican Ribeye averaged between $5.19 and $5.90 per pound, while US No Roll ranged from $6.99 to $7.12 per pound...
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