
Shares of Tyson Foods and JBS jumped after the USDA said it would resume Mexican cattle shipments with a phased reopening starting August 24. JBS rose as much as 9.8% and Tyson gained 7.5%.
Mexico previously sent over a million head a year, and the closure had forced packers to pay up for scarce animals.
Returning feeder volumes lower packers' procurement costs and support their margins, but they also add supply that pressures live and feeder cattle prices.
Setelah 121 peristiwa perdagangan bearish sebelumnya, Sapi Hidup bergerak median -0,6% selama 5 sesi (40% lebih tinggi; separuh tengah -1,6% sampai +0,8%), dan -0,3% selama 20 sesi.
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.