ANALYSIS: Mexican Beef Exports to the US Slow During May

The Mexican export market continued reflecting cautious buying behavior during May, as uncertainty surrounding the future direction of tariffs on alternative beef origins continued limiting broader forward commitments from buyers. Mexican beef movement into the US has generally remained above year-ago levels, although volumes have shown a gradual downward trend throughout the month following the stronger pace observed earlier in the year. Market participants continued describing most purchasing activity as largely hand-to-mouth...

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