Mexico is set to open its doors to beef imports from Brazil for the first time as it seeks to diversify its food chain in the face of rising inflation.
The move comes as Mexico’s inflation rate rose to over 8% in January.
Santa Catarina, a southern Brazilian state, will be permitted to export fresh, chilled or frozen bone-in meat to Mexico. A further 14 states, including major producers like Mato Grosso and Mato Grosso do Sul, will only be able to export aged and boneless cuts.
Brazil-headquartered beef exporter Minerva has had six plants confirmed for export, with a capacity to slaughter 7,000 animals per day.