The NCBA strongly opposes USDA's decision to allow Paraguayan beef imports starting next month. It cites Paraguay's foot-and-mouth disease history and a risk assessment based on site visits more than nine years old.
Opening the US to Paraguayan beef adds import supply to an already tight market, though volumes are small. Any FMD concern could trigger future trade restrictions that disrupt cattle and beef markets.
After 102 past neutral policy events, Live Cattle moved a median +0.6% over 5 sessions (63% higher; middle half -0.7% to +1.2%), and +1.3% over 20.
After 28 past neutral policy events, Feeder Cattle moved a median +0.2% over 5 sessions (61% higher; middle half -0.6% to +0.8%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.