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USMCA has entered into full force, creating a new framework for North American trade. The renderers' group highlighted Mexico's agreement to allow US bovine meat and bone meal imports after years of delay.
The agreement follows OIE science-based guidelines.
Access to Mexico for US bovine MBM supports export demand and US MBM prices. Cheaper feed for Mexican livestock and pet food producers could also expand overall feed demand.
wattagnet.comJul 3, 2020Not enough comparable past events yet for a historical read.
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.
