ANALYSIS: The Impact of Exchange Rates on Mexican beef exports.
The Mexican export market has faced a few different headwinds in recent months, and this trend has persisted throughout 2023. Factors such as increased cattle costs due to rising input expenditures, as well as international competition, primarily from South America and Oceania.
These factors have led Mexican beef exporters to seek new paths to move their products. However, among all these factors, perhaps the most significant element that has taken the export market by surprise is the exchange rate.
For example, the Central Bank of Mexico published exchange rate expectations...
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