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.
Related Stories
Secretary Rollins is signaling a possible reopening of the southern border to Mexican feeder cattle as officials work to manage the threat of the New World Screwworm.
South Texas farmers face worsening drought as Mexico falls short on water payments, leaving producers struggling for irrigation under the 1944 treaty.
Citrus production depends heavily on reliable irrigation, making water shortages a critical issue for South Texas growers moving forward.
Ranchers have a lot going on at the moment, but some ‘friendly’ news could be coming with this month’s Cattle-on-Feed Report from the USDA.
New CDL Rule Limits Eligibility for Certain Immigrant Truckers, Potentially Driving Up Freight Costs
The Trump Administration’s new rule limiting CDL renewals for immigrant truckers is seeing mixed reactions in agriculture. While some support the change, it is raising concerns about higher freight costs and impacts on U.S. grain export competitiveness.
Strong exports support cattle and hog market fundamentals.
