Mexican Agricultural Opportunities UntappedBy Jan Hogewoning | Thu, 07/30/2020 - 13:44
Pablo Ricaud Arriola, President and Co-Founder of Rising Farms, explains why Mexico is a sleeping agricultural giant with massive opportunities in the sector that are yet to be taken. Pointing out a range of factors that make Mexico uniquely positioned for exports, he argues that now is the moment to invest. Read this highlight of the week here.
Interested in more? Here is the week’s most important news in Agribusiness & Food!
The Ministry of Agriculture and Rural Development (SADER) and private sector parties are collaborating to strengthen the inspection capacity at the border crossing between Colombia, Nuevo Leon and Laredo, Texas. Several private sector parties are seeking to construct cold storage facilities of 500m2. This will allow the inspection of 18 shipments of perishable crops at a time.
The national phytosanitary agency SENASICA is assisting cattle breeders and Federal Inspections Type establishments (TIF) in Zacatecas in an effort to meet the requirements of Chinese customs authorities for beef imports. This is expected to speed up beef exports to China from Zacatecas.
The Ministry of Economy is collaborating with the Inter-American Development Bank, the ConnectAmericas platform and the Ministry of Foreign Affairs, to organize the first virtual business conference for Mexican MSMEs exporting food and beverages to the US and Canada. The virtual event will be presented at Mexican embassies and consulates abroad.
Chinese imports of pork rose by 128 percent in June compared to June 2019. Mexican pork exporters are benefiting from increased demand. It remains vital to keep COVID-19 outbreaks at pig farms and pork processing plants at bay.
At a virtual meeting attended by producers, national and international organizations and federal authorities, a new standard called DEAR T-MEC was launched. This is a digital platform that will inform parties in the agricultural supply chain of good practices under the USMCA treaty. This standard is expected to guide companies and agricultural producers to eradicate forced labor and child labor, as well as to strengthen the freedom to unionize and collectively bargain over contracts.
New Food Labeling
The labeling of hundreds of products that Mexicans consume every day has already begun to change, Mexico Business News wrote this week. New labeling standards will affect processed foods and beverages available in supermarkets, showing excess of sodium, sugar and saturated fats.