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.
Na 87 eerdere neerwaarts handel-gebeurtenissen bewoog Mestvee (feeder) zich mediaan +0,4% over 5 sessies (54% hoger; middelste helft -3,2% tot +1,9%), en +1,1% over 20.
Na 121 eerdere neerwaarts handel-gebeurtenissen bewoog Slachtvee (levend) zich mediaan -0,6% over 5 sessies (40% hoger; middelste helft -1,6% tot +0,8%), en -0,3% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
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.