
The USDA announced on Monday a phased reopening of cattle, bison and equine imports from Mexico after a prolonged closure over screwworm. Arizona's Douglas port was named the lowest-risk entry point.
The reopening is set to start as early as July 7.
Restored Mexican cattle flows would increase feeder supplies in the U.S., weighing on feeder cattle prices while the herd remains near multi-decade lows.
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 June 30 USDA announcement of a phased reopening of Mexican cattle imports from July 7 raised expected feeder supplies, a bearish shock that pressured cattle futures.
Reuters coverage of the same June 30 reopening announcement points to renewed Mexican cattle supply and bearish sentiment.