USDA announced risk-based phased reopening of southern ports to cattle, bison and equine imports from Mexico, starting with Douglas, Arizona, as early as July 7. The decision follows improved sterile fly dispersal and surveillance in Mexico, with no notable rise in screwworm cases there for eight weeks.
The ports had been closed since May 11.
Resumed Mexican feeder cattle imports would add supply to a tight U.S. market, which is likely to pressure feeder cattle prices and ease the historic beef price run-up over time.
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.
The official USDA notice of southern port reopening starting July 7 is the source of the supply-outlook shift behind the futures selloff.
USDA's June 30 announcement of a phased reopening of Mexican cattle imports from July 7 raises expected feeder supply, a bearish trade-flow factor for cattle futures.