Mexico: Livestock and Products Annual

Post forecasts Mexico’s calf crop at 8.45 million head for 2023. Post forecasts cattle exports for 2023 at 1.2 million head, a slight increase from the 2022 estimate. Post forecasts beef production for 2023 at 2.22 million metric tons (MMT) carcass weight equivalent (CWE), almost a two percent increase from 2022. Mexico continues to set record beef exports, both in volume and value, and domestic demand is recovering gradually, requiring greater production. Post forecasts beef exports for 2023 at 410,000 MT CWE. Forecasted at 1.6 MMT CWE in 2023, Mexico’s pork production is expected to continue growing on strong domestic demand and continued export growth. Pork continues to be the second most consumed meat in Mexico, with consumers valuing its versatility and availability. Pork imports are also projected to reach a record in 2023.