Mexico makes biggest US corn buy in decades as crop shrinks

August 3, 2012

Reuters, 8/2/2012

Mexico raided the U.S. corn market by making the biggest one-day purchase in over two decades this week, the first clear sign of global anxiety over the decimated U.S. crop.

Mexico, the No 2 importer of U.S. corn after Japan, bought 1.516 million tonnes, the U.S. Agriculture Department said on Thursday, a move traders said could touch off a frenzy of buying by other countries who have been caught flatfooted by the worst U.S. drought in 56 years.

Read more…


Mexico Lifts Meat-Import Ban on Some U.S. Plants

December 29, 2008

meat2Bloomberg, 12/29/2008

Mexico has lifted meat-import restrictions on at least 19 U.S. slaughterhouses, after earlier banning their shipments, the U.S. Department of Agriculture said today in an e-mail statement. Five other plants will probably be recertified after the USDA sends plans to Mexico for resuming imports, according to the statement from Laura Reiser, a spokeswoman from the USDA’s Food Safety and Inspection Service.

Last week, Mexico banned purchases of pork, beef and poultry from about 30 U.S. plants because of failure to meet import standards. They included facilities owned by Tyson Foods Inc., the largest U.S.-based meat producer, and Smithfield Foods Inc., the world’s largest hog producer.

Read more…


Follow

Get every new post delivered to your Inbox.

Join 5,982 other followers