USMEF Audio Report: Pork Demand Rebounding in Mexico, but Excess Inventory Must Be Worked Off...

June 16, 2009 - Through the first four months of 2009, Mexico was the global pacesetter for U.S. pork exports – totaling more than 390 million pounds valued at $265 million.

While this is a 61 percent increase in volume and a 50 percent increase in value over the same period last year, these results do not capture much of the impact of the A-H1N1 influenza crisis that hit the country in mid-to-late April, causing an interruption in pork demand and economic activity in general. The U.S. pork industry is now looking for a quick rebound in pork demand in Mexico, in order to keep this year’s strong momentum going in this critical market.

In this USMEF audio report, Chad Russell, USMEF regional director for Mexico and the Dominican Republic, provides an update on the economic climate U.S. pork faces in Mexico.

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The U.S. Meat Export Federation (www.USMEF.org) is the trade association responsible for developing international markets for the U.S. red meat industry and is funded by USDA, exporting companies, and the beef, pork, corn and soybean checkoff programs.