Mexico - Pork production forecasts are virtually unchanged

Pork production forecast is virtually unchanged despite a downward revision in the slaughter forecast. Production continues to be hindered by higher than expected prices generated a downward revision (1.3 percent) in consumption. Similarly robust prices are also expected to depress imports which are revised lower to the 2010 level.
Monday 4 April 2011 (6 years 10 months 22 days ago)
Pork production forecast is virtually unchanged despite a downward revision in the slaughter forecast. Production continues to be hindered by higher than expected prices generated a downward revision (1.3 percent) in consumption. Similarly robust prices are also expected to depress imports which are revised lower to the 2010 level.

The pork export forecast for 2011 is unchanged. Although only a small part of production is exported, Mexico is gaining more market access to foreign markets primarily in Asia.

According to industry sources approximately 45 percent of total swine slaughtered in Mexico is slaughtered in TIF facilities. For 2011, the Mexican government will continue the support at the same levels as in 2010 (100 pesos [1] per head, only 5,000 head per producer) for slaughtering in a TIF.

http://gain.fas.usda.gov/Recent%20GAIN%20Publications/Livestock%20and%20Products%20Semi-annual_Mexico%20City_Mexico_3-17-2011.pdf

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