Mexican pork production forecast

Mexican pork production forecast is 1.25 MMT CWE, approximately 2.5 percent higher than the 2012 Post estimate.

Wednesday 26 September 2012 (5 years 4 months 26 days ago)

The Post 2013 Mexican pork production forecast is 1.25 MMT CWE, approximately 2.5 percent higher than the 2012 Post estimate. This increase is mainly driven by the incorporation of new breeding lines that are better able to adapt to the Mexican production system, better farm management techniques, and increasing slaughter weights. The Post 2012 pork production estimate has been increased slightly representing production trends and higher slaughter weights. The Post 2011 estimate has been increased, as well, representing official data from SAGARPA.

Consumption: The Post 2013 total and per capita pork consumption forecast is higher than the 2012 USDA estimate as purchasing power gains as well as pork’s attractiveness in comparison with other animal proteins will contribute towards an increase in demand; especially, for hams and picnic. The Post 2012 consumption estimate has been raised slightly from the USDA official estimate to account for pork’s relative attractiveness in comparison with other animal proteins.

Trade: The majority of Mexico’s pork imports consists of hams and mechanically deboned meat (MDM) for the preparation of sausages, deli hams, and other cold cuts. The Post 2013 pork import forecast is 680,000 MT CWE and represents a small increase from the 2012 pork import estimate. The Post 2011 and 2012 pork import estimates were kept unchanged from USDA official data. Competitive prices and strong demand, as previously discussed, are contributing to the increase in imports. The elimination of retaliatory tariffs in October 2011 has also facilitated a growth in trade for 2012, as well.

Monday September 9, 2012/ FAS-USDA/ United States.
http://gain.fas.usda.gov

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