
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.
Setelah 87 peristiwa perdagangan bearish sebelumnya, Sapi Bakalan bergerak median +0,4% selama 5 sesi (54% lebih tinggi; separuh tengah -3,2% sampai +1,9%), dan +1,1% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
First Mexican cattle crossing in over a year (Aug 25) adds feeder supply expectations, a bearish trade-flow factor for feeders.