# Renderers welcome increased trade from USMCA
						 | The Cattle Site

> The North American Renderers Association welcomed USMCA, citing Mexico's agreement to import US bovine meat and bone meal. The group says the access will cut feed costs for Mexican poultry, swine and pet food producers. The agreement follows OIE science-based guidelines.

- Date: 2020-07-03 · published 2020-07-03T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/52248-renderers-welcome-increased-trade-from-usmca-the-cattle-site
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Opening Mexico to US bovine MBM expands export demand for a feed protein, which supports US MBM prices. Lower feed costs in Mexico could also support livestock margins there.

## Read by commodity

- MBM: bullish ▲

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/55531/renderers-welcome-increased-trade-from-usmca

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.