
USDA Ag Secretary Brooke Rollins said the US will not reopen the border to Mexican cattle while New World screwworm remains a threat, which initially supported prices. A later report that President Trump was very interested in reopening the border triggered a sharp selloff, with December live cattle down $4.42 and January feeders down $7.30 on Tuesday.
Uncertainty over reopening Mexican feeder cattle imports creates swings in futures, and the market reaction shows how quickly headlines can override tight-supply fundamentals.
Após 121 eventos baixista de comércio passados, Boi gordo subiu em mediana -0,6% em 5 sessões (40% de alta; metade central de -1,6% a +0,8%), e -0,3% em 20.
Após 87 eventos baixista de comércio passados, Bezerro de reposição subiu em mediana +0,4% em 5 sessões (54% de alta; metade central de -3,2% a +1,9%), e +1,1% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
A report that Trump was keen to reopen the Mexican border triggered a sharp selloff, with January feeders down $7.30 on Nov 4, despite Rollins' earlier supportive comments.
Report that Trump was interested in reopening the Mexican border triggered a sharp selloff (Dec live cattle -$4.42 on Nov 4), squarely within the 5-day window, through supply-expectation and sentiment effects.