Mexico reduced its chicken imports in 2020 mainly due to the elimination of a quota granted to Brazil, according to the Mexican company Industrias Bachoco. In particular, in 2020 total chicken imports decreased 8.4% compared to 2019. Brazil was able to increase its participation in the Mexican poultry
Industrias Bachoco reported that it increased 4.2% its egg production in Mexico in 2020, to 12,500 tons each month. Previously, the company produced 11,600 tons on average in 2017, to then maintain that indicator at 12,000 tons in each of the following two years. At the end of
The peso closed the session with a depreciation of 0.68% or 13.5 cents, trading around 20.05 pesos per dollar, with the exchange rate touching a minimum of 19.8695 and a maximum of 20.1634 pesos. In the session, the peso was the second most depreciated currency in the broad
The Ministry of Finance and Public Credit (SHCP) reported that 50,000 million pesos will be invested in Mexican customs. According to the newspaper El Economista, the SHCP will release 50,000 million pesos from a Customs trust to invest in technology and infrastructure, as reported this Thursday by Horacio
General Motors reported this Thursday that it will produce electric vehicles in Mexico for which it will have part of an investment of more than 1,000 million dollars in the country. Also part of that investment will go to the Ramos Arizpe Manufacturing Complex, Coahuila, to inaugurate a
The European Union (EU) rejected on Wednesday the establishment of a panel on imports of palm oil and certain biofuels within the framework of the World Trade Organization (WTO). Initially, Malaysia submitted a first request for a panel to examine certain measures imposed by the EU and EU