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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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.
Mexico’s tougher, two-step treatment and added checkpoints are catching cases before they can spread—good news for producers near the border.
Strong corn exports are anchoring U.S. trade, while soybean sales remain steady, but shipments lag.
Fewer placements and historically low marketings point to tighter cattle supplies ahead, with Nebraska and Kansas gaining ground as Texas feedlots face supply pressure and the threat of New World Screwworm.