Alliance between Multiva and Pilgrim's Mexico will strengthen national poultry production
The agreement falls within the guidelines of the Mexico Plan, promoted by the federal government in coordination with the private sector, and aims to consolidate a collaborative framework between banking, industry, and the State to strengthen food security and regional economic development.
Multiva and Pilgrim's Mexico formalized a strategic alliance to channel 2.5 billion pesos in specialized financing over the next four years, with the aim of strengthening small and medium-sized producers in the sector in the country who supply the poultry company.
The agreement falls within the guidelines of the Mexico Plan, promoted by the federal government in coordination with the private sector, and aims to consolidate a collaborative framework between banking, industry, and the State to strengthen food security and regional economic development.
The resources will allow Pilgrim's suppliers to access inputs, working capital, and technological modernization processes, in order to increase their productivity and competitiveness.
According to Multiva, the financing scheme will be accompanied by technical advice, which will facilitate more efficient management of production units and greater integration into the sector's value chain.
The alliance coincides with Pilgrim's expansion plan in Mexico, which foresees a total investment of $1.3 billion between 2026 and 2030.
As part of this strategy, the company seeks to reduce chicken imports by 35%, thereby strengthening domestic production.
The program envisions the creation of 4,000 direct and 16,000 indirect jobs, primarily in states with a strong poultry industry, such as Durango, Coahuila, Querétaro, San Luis Potosí, Hidalgo, Veracruz, Campeche, and Yucatán.
April beef exports totaled 89,783 mt, down 11% from a year ago, while value fell 5% to $780.6 mil...
However, there is reason to hope that the market can now recover at this lower price level. A sur...
Pork exports totaled 257,212 metric tons (mt) in April, 8% (and nearly 20,000 mt) above last year...
