With exports to China largely off the table, new numbers show Mexico is set to become the top destination for U.S. ag goods.
New numbers from CoBank show that with China out of the picture, Mexico is set to become the largest buyer of U.S. grain, feed, and oilseeds. Exports of U.S. farm goods to our southern neighbor have grown by around 65 percent over the last four years, making it the fastest-growing export market for U.S. ag products.
Dairy export values have grown more than 75 percent since 2020, driven mostly by Mexican demand for cheese.
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Bioethanol is becoming a global standard. For growers, that boom comes as drops in Mississippi River levels and in soybean demand occur in tandem, leaving barge space for corn and wheat.
Expect firm calf and fed-cattle prices — pair selective heifer retention with prudent hedging and liquidity to bridge rebuilding costs.
Peel says Mexico has a much greater capability to expand its beef industry than it did 20 or 30 years ago in terms of its feeding and packing infrastructure.
“USDA can no longer keep wasting its time and personnel to deploy Commissioner Miller’s infamous traps, which USDA has deployed, tested, and has proven ineffective.”
“Good flies? Is that like a good fire ant?” Miller said. “I don’t know what a good fly is. I don’t know if they’re afraid to kill house flies or stable flies, but I’m ready to kill the screwworm fly.”
Large animal veterinarian Dr. Rosalyn Biggs with Oklahoma State University warns producers may not be prepared for the real threat of New World Screwworm.
