ANALYSIS: The exchange rate impact on the Mexican beef export market
The beef market in the U.S. has experienced a challenging year, with lower production and slaughter levels, leading buyers to look for material to fulfill the domestic demand across the border. One of the main options is undoubtedly Mexican beef. The Mexican export market, however, has faced one of its biggest challenges in recent years on the dollar exchange rates, which has reached the lowest levels on the last five years.
Since March 2022, a decrease in U.S. imports of Mexican beef was noted, a trend that continued during...
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