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A feature follows Chihuahua, Mexico rancher Jose Luis Gabilondo, a fifth-generation Angus cattle producer who buys bull semen from New Mexico and raises calves with American genetics. The piece explores the cross-border cattle trade between Mexico and the US.
Cross-border feeder cattle and genetics flows between Mexico and the US affect feeder supply and cattle price dynamics, but the story is a general feature without a new market-moving event.
npr.orgNov 10, 2018After 14 past neutral trade events, Feeder Cattle moved a median +0.1% over 5 sessions (50% higher; middle half -1.0% to +1.3%), and +1.2% over 20.
After 65 past neutral trade events, Live Cattle moved a median +0.3% over 5 sessions (57% higher; middle half -0.5% to +1.4%), and +2.5% 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.
