Saturday, September 14, 2024

Study: Chicken prices will rise in Mexico with import duties

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WASHINGTON — Retail chicken prices in Mexico will rise by 22.4 percent, the meat Consumer Price Index (CPI) will jump 7.2 percent and the food CPI by 1.9 percent, should the Mexican government implement duties on U.S. chicken leg quarter imports, according to a study released May 14 that assessed the likely impact of the duties on prices and inflation levels in Mexico, conducted by Dr. Dermot Hayes, professor of economics and finance at Iowa State University.

Early in 2011, three Mexican poultry companies petitioned the Mexican government to begin an antidumping investigation of imports of chicken. . .

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