Abstract

CASTRO-SAMANO, Martha A. et al. Beef market in Mexico, considering external factors. agric. soc. desarro [online]. 2019, vol.16, n.1, pp.85-103. ISSN 1870-5472.

Mexico lacks sufficient beef supply to satisfy the consumption of this food, and significant volumes are imported. This meat industry has suffered an important market loss with substitutes. For the period of 1980-1993 to 1994-2014, the production of this meat increased 35.6 % in average; the domestic demand, 47.2 %; and the imports, 496.1 %. An important input for fattening cattle is balanced meals; for this purpose, in the same periods, the imports of yellow maize and sorghum increased 151.9 % y 11.6 %. Therefore, the effect of maize and sorghum imports to Mexico were analyzed, from 1980-2014, as part of the diet in the fattening process, and of beef on the market of this food through an econometric model of simultaneous equations, estimated by least squares in two stages with the SAS SYSLIN procedure. In the period of 1994-2014, the increase in the real price of annual average beef imports of 0.8 % is transmitted through the wholesale price, producer price and consumer price, which increased the amount offered in 0.04 % and decreased the amount demanded in 0.05 % and the commercial balance in 0.81 %.

Keywords : elasticities; econometric model; offer; demand; beef.

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