financetom
Business
financetom
/
Business
/
Mexico set to clear more Brazilian meatpacking plants for shipments, official says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mexico set to clear more Brazilian meatpacking plants for shipments, official says
Aug 28, 2025 2:37 AM

MEXICO CITY (Reuters) -Mexican authorities will kick off audits of 14 Brazilian meatpacking plants next month to clear them to send exports to Mexico, Luis Rua, secretary of trade at Brazil's agriculture ministry, told Reuters.

WHY IT'S IMPORTANT

In August, Mexico overtook the U.S. as the No. 2 buyer of Brazil's beef as U.S. tariffs on Brazilian goods took effect. Brazil is the world's top beef exporter.

KEY QUOTE

"There will be an audit in September, Mexico's sanitary agency will go to Brazil and hopefully soon these 14 (meatpacking plants) will be approved," Rua told Reuters on the sidelines of an event in Mexico City.

ADDITIONAL CONTEXT

The news was first reported by Brazilian outlet Estadao. According to the report, the plants belong to meatpacking majors such as Marfrig, JBS and BRF.

Analysts said that the U.S. tariffs are set to reshape the beef trade, speculating that beef could be sent through Mexico or other countries before ending up in the U.S.

Mexico Economy Minister Marcelo Ebrard told Reuters that "it was not the plan" for the increased beef shipments from Brazil to make their way to the U.S.

BY THE NUMBERS

The plants' approval would be in addition to the 35 plants already cleared to export to Mexico, Rua explained.

THE RESPONSE

Mexico's agriculture ministry, which operates the sanitary agency, did not immediately respond to a request for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Form 8.3 - Bakkavor Group PLC
Form 8.3 - Bakkavor Group PLC
Sep 16, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Qube Research & Technologies Limited (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of...
Waverly Advisors Acquires Brass Tax Wealth Management
Waverly Advisors Acquires Brass Tax Wealth Management
Sep 16, 2025
Waverly continues to grow in Ohio BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Waverly Advisors, LLC (“Waverly”), a federally registered investment adviser (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Brass Tax Wealth Management (“Brass Tax”), a wealth management firm located in Blue Ash,...
US consumers are feeling the stress of inflation, interest rates, report shows
US consumers are feeling the stress of inflation, interest rates, report shows
Sep 16, 2025
NEW YORK (Reuters) -Some U.S. consumers are showing increased signs of stress as inflation and higher interest rates are affecting affordability and leading to financial strain on borrowers, credit scoring company Fair Isaac Corporation, widely known as FICO, said on Tuesday. The overall national FICO score has dipped slightly by about 2 points. About 38.1% of the population scored between...
Form 8.3 - American Axle & Manufacturing Holdings Inc
Form 8.3 - American Axle & Manufacturing Holdings Inc
Sep 16, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Qube Research & Technologies Limited (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved