
Pro Farmer reports live and feeder cattle futures fell the daily limit on October 24 after Mexico's president said her agriculture minister would meet USDA Secretary Rollins in Washington about reopening the border to feeder cattle imports. The administration also announced plans to quadruple tariff-free Argentine beef quota to 80,000 metric tons.
Prospective reopening of Mexican feeder cattle imports and expanded beef imports add supply expectations that pressure feeder cattle prices, with knock-on effects for feed demand.
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.
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.
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.
Live and feeder cattle fell the daily limit on Oct 24 on fears of Mexican border reopening and a quadrupled Argentine beef quota, a direct driver within the 5-day window.
Pro Farmer confirms the Oct 24 limit-down drop on border-reopening fears plus the plan to quadruple tariff-free Argentine beef quota, a supply and sentiment shock.