Border reopening won’t quickly lower US beef prices, economists say

1 min read
Source: AP News
Border reopening won’t quickly lower US beef prices, economists say
Photo: AP News
TL;DR

Economists say reopening the US border to Mexican cattle is unlikely to immediately reduce high beef prices. The US cattle herd remains small after years of drought and low prices, and rebuilding herds will take years even with a phased border reopening and strict animal-health checks. Processing plants are operating below capacity, further constraining supply as officials contemplate a measured restoration of cattle imports from Mexico.

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