
NPR reports that a herd of nearly 700 cattle crossed from Mexico into Arizona on Monday, the first crossing in more than a year. The move follows a yearlong ban over New World screwworm, which has been found on the Mexican side and earlier in Texas.
US ranchers have voiced concern.
Resumed Mexican feeder cattle imports add supply to a historically small US herd, which is bearish for feeder cattle prices in the near term.
Tras 87 eventos bajista de comercio pasados, Ganado de engorde (feeder) se movió una mediana de +0,4 % en 5 sesiones (54% al alza; mitad central entre -3,2 % y +1,9 %), y +1,1 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
First Mexican cattle crossing in over a year (Aug 25) adds feeder supply expectations, a bearish trade-flow factor for feeders.