Browse Data and Analysis

In 2023, Mexico’s beef production is forecast to slightly increase, but faces slower consumption growth on a year-to-year basis as food inflation soars. As herd numbers increase, overall cattle slaughter is expected to rise. Carcass weights are expected to marginally decrease in 2023 and are offset by larger slaughter numbers of slightly younger animals.

Mexico’s chicken meat production is forecast to increase by three percent in 2023. Although chicken meat is one of the most impacted proteins during Mexico’s inflation crisis, consumption per capita continues to increase, albeit at a slower pace on a year-to-year basis.

In 2022, the total value of U.S. agricultural and related products exported to Taiwan reached a record $4.4 billion, an increase of 13 percent compared to the previous year. Taiwan successfully remains the 6th largest market for U.S. agricultural & related exports.

Corn, rice, and sorghum production forecasts are revised downward in marketing year MY 2022/23, while the wheat production estimate is increased to 3.6 MMT.