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Cattle futures and cash markets are correcting as USDA begins reopening the Mexican border to cattle imports in stages starting July 7. An analyst estimates 600,000 to 700,000 cattle were held back in Mexico and may return as heavier feeders.
Returning Mexican feeder cattle add supply to the feeder market, which is bearish for feeder and live cattle prices and may weigh on corn and feed demand sentiment.
ruralradio.com2025年7月3日在过去 87 次看跌的贸易事件之后，架子牛 在 5 个交易日内中位数变动 +0.4%（54% 上涨；中间一半区间为 -3.2% 至 +1.9%），20 个交易日内为 +1.1%。
在过去 121 次看跌的贸易事件之后，活牛 在 5 个交易日内中位数变动 -0.6%（40% 上涨；中间一半区间为 -1.6% 至 +0.8%），20 个交易日内为 -0.3%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
It describes the staged border reopening (from July 7) and 600-700k head potentially returning, a supply-side driver of the correction, though published two days after the move and so more confirming than causal.
It describes a futures and cash correction on the Mexican border reopening, with 600-700k held-back head potentially returning, though it is dated just after the window.
