13.07.2012

USDA: Gain report

On July 6, the Secretariat of Economy (SE) decided to open a 132,000 MT quota to import table eggs from Poland, China, Turkey, and Ukraine in order to stabilize domestic egg prices that have significantly increased due to alleged market speculation. Later in the day, SE increased the planned TRQ to 221,000 MT as it approximated estimated monthly egg consumption.
Egg prices throughout much of Mexico have skyrocketed over the past weeks as high pathogenic avian influenza has hit Mexico’s layer flock and raised concerns about egg and egg product availability.
SE reported that the elimination of the current tariff (45 percent) that Mexico applies to the import of eggs from the above countries is not part of any trade agreement.
The United States remains eligible to export eggs to Mexico without any tariff imposed on U.S.-origin eggs.