JBS, Tyson Stocks Jump on U.S. Plans to Resume Mexican Cattle Imports -- WSJ
Dow Jones2026/07/27 17:21By Patrick Thomas
Shares in JBS and Tyson Foods-two of the largest U.S. beef processors-soared Monday after the Department of Agriculture revealed plans to lift a more than yearlong ban on Mexican cattle imports.
The move is expected to help ease a cattle shortage and make it cheaper for meatpackers to buy the livestock that is processed in their plants. Live cattle futures prices-the price meatpackers pay feedlots for their cattle-ticked down about 1.5% on Monday. Shares of Tyson are up 7% today, while JBS stock surged 10%.
Cattle imports from Mexico had been cut off since last year to try and stop the spread of the flesh-eating New World screwworm. Mexico sends roughly a million calves across the border each year to U.S. feedlots where they are fattened prior to slaughter.
JBS and Tyson, which both have large Texas facilities, have both reported hundreds of millions of dollars in losses in their beef business so far this year.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
July 27, 2026 13:21 ET (17:21 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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