ANALYSIS: Brazil’s Beef Exports to Mexico Ease in November
November data shows that Brazil’s beef exports to Mexico held at higher year-over-year (YOY) levels, even as volumes moved lower for a third consecutive month. Shipments peaked in September and then eased through October and November, reflecting a gradual adjustment from the mid-year highs. Despite this downward trend, the Mexican import market continued to rely on Brazilian product to supplement domestic availability. Participants reported that cattle movements inside Mexico remain limited, particularly for finished cattle moving from southern regions, as New World Screwworm inspections and controls...
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