Stock Market News

Mexican poultry farmers warn US-Mexico rail bridges closure will impact trade

2023.12.18 23:19


© Reuters.

MEXICO CITY (Reuters) – Mexican poultry farmers warned of consequences to international trade on Monday and called on their government to intervene after the U.S. closed two rail bridges in Texas to stem a surge in migration.

U.S. border officials closed on Sunday the international railway crossing bridges in Eagle Pass and El Paso after detecting a surge in the smuggling of migrants through Mexico by train, according to a Customs and Border Protection statement.

According to Mexico’s National Union of Poultry Producers (UNA), the sector is the largest consumer of livestock feed in the country, requiring more than 17 million metric tons per year.

About 25% of Mexico’s yellow corn inputs from the U.S. and 63% of its soybean paste imports are moved through the two crossings, the UNA said, adding the closure of the rail bridges could affect the import and timely supply of essential feed for poultry farmers.

“We request the support of the Mexican authorities, within the scope of their respective powers, so that they intervene as soon as possible to agree on the reopening of these railway crossings,” the statement said.

The union also warned the crossing shutdown could affect production of chicken and eggs in Mexico, which is among the world’s top five producers.

CBP has imposed similar temporary closures in recent weeks, shutting the Lukeville port of entry in Arizona, a pedestrian entrance in San Diego, and a vehicle crossing in Eagle Pass.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 97,383.09 1.99%
ethereum
Ethereum (ETH) $ 3,398.13 3.27%
tether
Tether (USDT) $ 1.00 0.00%
solana
Solana (SOL) $ 254.37 0.10%
bnb
BNB (BNB) $ 647.69 3.83%
xrp
XRP (XRP) $ 1.44 0.19%
dogecoin
Dogecoin (DOGE) $ 0.418977 4.54%
usd-coin
USDC (USDC) $ 0.999796 0.01%
cardano
Cardano (ADA) $ 1.04 6.19%
staked-ether
Lido Staked Ether (STETH) $ 3,395.13 3.19%
tron
TRON (TRX) $ 0.210935 4.87%
avalanche-2
Avalanche (AVAX) $ 41.23 3.79%
the-open-network
Toncoin (TON) $ 6.22 13.25%
shiba-inu
Shiba Inu (SHIB) $ 0.000026 2.85%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,032.38 3.20%
stellar
Stellar (XLM) $ 0.480516 43.53%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,204.04 1.67%
polkadot
Polkadot (DOT) $ 8.42 32.76%
chainlink
Chainlink (LINK) $ 17.29 13.08%
bitcoin-cash
Bitcoin Cash (BCH) $ 500.15 2.39%
weth
WETH (WETH) $ 3,399.10 3.35%
sui
Sui (SUI) $ 3.40 1.85%
pepe
Pepe (PEPE) $ 0.00002 0.03%
leo-token
LEO Token (LEO) $ 8.59 3.06%
near
NEAR Protocol (NEAR) $ 6.09 7.50%
litecoin
Litecoin (LTC) $ 97.57 7.52%
aptos
Aptos (APT) $ 12.61 4.48%
uniswap
Uniswap (UNI) $ 10.73 15.30%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,581.15 3.50%
hedera-hashgraph
Hedera (HBAR) $ 0.151708 10.21%
crypto-com-chain
Cronos (CRO) $ 0.196296 3.58%
internet-computer
Internet Computer (ICP) $ 11.20 7.79%
usds
USDS (USDS) $ 1.00 0.69%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.564291 17.87%
ethereum-classic
Ethereum Classic (ETC) $ 29.46 5.29%
render-token
Render (RENDER) $ 7.62 5.14%
kaspa
Kaspa (KAS) $ 0.1518 0.86%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.08%
bittensor
Bittensor (TAO) $ 506.34 3.53%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.39 12.75%
bonk
Bonk (BONK) $ 0.000048 2.60%
whitebit
WhiteBIT Coin (WBT) $ 24.71 0.06%
arbitrum
Arbitrum (ARB) $ 0.851478 10.10%
dai
Dai (DAI) $ 0.999855 0.00%
vechain
VeChain (VET) $ 0.041058 21.53%
mantra-dao
MANTRA (OM) $ 3.63 3.15%
filecoin
Filecoin (FIL) $ 5.43 14.24%
dogwifcoin
dogwifhat (WIF) $ 3.20 3.24%
cosmos
Cosmos Hub (ATOM) $ 8.10 11.07%
okb
OKB (OKB) $ 51.44 11.06%