Balanced Reporting. Trusted Insights. Friday, June 22, 2018

Items Tagged with 'mexico'

ARTICLES

Mexico’s new pork quota goes to competitors, bypassing U.S.

Mexico’s new 350,000-metric-ton quota for tariff-free pork imports is full, and none of that meat will likely be provided by U.S. producers, according to officials at USDA’s Foreign Agricultural Service. The quota was briefly seen as a potential lifeline for U.S. pork exporters, who were hit last week by Mexico with a 10 percent tariff that increases to 20 percent on July 5.
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Pilgrim’s Pride posts big 1st quarter

Poultry giant Pilgrim’s Pride this week posted earnings of $119.4 million for the first quarter of 2018, up from $93.9 million in the same period in 2017, a 27 percent increase driven by increased consumer demand for chicken in the U.S., Mexico and Europe.
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