Mexico announces measures to stabilise pork prices
Mexico’s Ministry of Economy (SE) has announced this week the establishment of a tariff quota for imports of pork to stabilise the market to avoid the shortage in the supply and the impact on the economy prices which “have risen to record highs”.
Currently domestic production is insufficient to meet the needs of domestic consumption due to health issues, such as Porcine Epidemic Diarrhoea (PED). According to SE 33% of domestic consumption of pork depends on imports.
The establishment of the tariff rate quota will apply to the importation of pork in the tariff: 0203.11.01, 0203.12.01, 0203.19.99, 0203.21.01, 0203.22.01 and 0203.29.99 hams, shoulders and cuts thereof , bone, and canals and half-carcasses, among others.
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