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Mexico Meat Industry Warns 2026 Slowdown as Beef Inflation Surges and Pacic Changes Loom

Comecarne blames high beef prices, export limits, and zero‑rate uncertainty for the weaker outlook.

Overview

  • Comecarne projects national meat consumption to grow only 2.7% in 2026, with beef demand up 4.4%, both well below recent post‑pandemic rates.
  • The group reports beef inflation peaking near 17.4% in 2025, compounded by higher costs for livestock, electricity, packaging, water, transport and wages.
  • Proposed Pacic revisions could end the zero‑rate benefit for beef and pork and shift to undefined import quotas, and Proceso reports potential tariffs on Brazilian meat; Comecarne urged President Claudia Sheinbaum to reconsider.
  • Sanitary restrictions tied to the gusano barrenador curbed cattle exports by about 1.18 million head with an estimated $1.552 billion impact, pushing slaughter-cattle prices up as much as 15.4%.
  • Exports to the U.S. recovered 8.9% in volume through October 2025, while U.S. pork output kept pork more price‑competitive and poultry showed volatility, with some cuts rising over 19%.