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U.S. border reopens to Mexican cattle imports, but economists doubt the move will reduce high beef prices

Americas 1 source 1 country 🔦 Under-reported 33m ago

The United States Department of Agriculture has authorized the resumption of Mexican cattle imports through a border crossing in Douglas, Arizona. The decision follows a temporary suspension prompted by concerns regarding the potential spread of the New World screwworm, which officials now deem to have sufficiently subsided to allow for the safe movement of livestock.

Despite the reopening of the border, economic analysts have expressed skepticism that the influx of Mexican cattle will lead to a decrease in current high beef prices for consumers. The move restores a key trade route for the industry, though market experts suggest that broader supply chain and economic factors will likely maintain existing price levels.

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