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_Border Openings To Mexican Cattle Cause Packer Shares To Rise & Cattle Organization’s Border Response Ranch It Up Herd It Here Episode 144. Jeff Tigger Erhardt

EPISODE 144 DETAILS

Packer Shares Increase As Opening To Mexican Cattle Is Announced

USDA’s decision to begin reopening the border to Mexican cattle imports sent beef packer stocks soaring Monday. Tyson Foods jumped nearly 7 percent, while JBS gained as much as 8 percent as investors welcomed the prospect of more cattle supplies. Imports will resume August 24 through Douglas, Arizona, with every animal undergoing USDA inspection for New World screwworm. While the move could eventually ease record-high cattle prices and improve packer margins, USDA says the reopening will be gradual, meaning immediate relief to the tight cattle supply is unlikely.

REFERENCE: https://meatingplace.com/tyson-jbs-shares-rise-after-usda-announces-mexico-cattle-reopening/

Cattle Association’s Response To Southern Border Opening

The National Cattlemen’s Beef Association says the USDA decision to reopen the border and their response to New World Screwworm has put the US cattle industry in a strong position to begin safe and gradual reopening of the southern border to cattle shipments. However, the United States Cattlemen’s Association is disappointed in USDA’s decision to move forward with reopening the southern border to Mexican cattle when they say so many unresolved risks remain for the U.S. herd. USCA underscores that border policy must be driven by science-based risk assessment and on-the-ground capacity.

REFERENCE: https://www.nationalbeefwire.com/u-s-cattlemen-s-association-responds-to-phased-border-reopening-announcement

https://www.ncba.org/news-media/news/details/49664/ncba-statement-on-reopening-of-first-port-of-entry-in-arizona

Upcoming Feeder Cattle, Bull & Cow Sales On RanchChannel.Com

Lots of feeder cattle, steers & heifers, bulls, and cow sales coming up on the RanchChannel.Com sale calendar. Check out the full line up HERE.

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