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Live cattle futures fell after the Trump administration proposed expanding the tariff rate quota on Argentinian beef from 20,000 to 80,000 metric tons, and talks surfaced of easing feeder cattle import restrictions from Mexico. The USDA projected US beef imports at 5.4 billion pounds, about 18 percent of consumption.
Expanded import access and possible reopening of Mexican feeder cattle imports add supply expectations that pressure cattle futures, even though the Argentine volume is small relative to the US market.
beefmagazine.comUniversity of Arkansas2025/11/03過去の弱気な貿易イベント121件の後、生牛 は5営業日で中央値 -0.6% 動き（40% が上昇。中央50%は -1.6% から +0.8%）、20営業日では -0.3% 動きました。
過去の弱気な貿易イベント87件の後、フィーダー牛 は5営業日で中央値 +0.4% 動き（54% が上昇。中央50%は -3.2% から +1.9%）、20営業日では +1.1% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
Dated 2025-11-03, it describes the proposed Argentine beef TRQ expansion and talk of easing Mexican feeder imports, which raise supply expectations and sentiment pressure on live cattle.
Proposed Argentine tariff-rate quota expansion and Mexican feeder import easing raised expected supply, weighing on futures around Nov 3.
The proposed Argentine tariff-rate quota expansion and Mexican feeder import easing talk pressured cattle futures during the window.
