Cattle import limits could lead to long term beef industry changes

Mexico is rapidly expanding its beef processing capacity, potentially limiting future live cattle exports to the U.S.

Two outcomes from last year's closure of the U.S.-Mexico border to live cattle are increasingly obvious: Ranchers in the southern U.S. don't have enough cattle to stay in business, and Mexico is quickly expanding its processing capacity.

Those outcomes may carry long-term fundamental implications for the U.S. cattle sector, Farm Bureau members from across Iowa learned during...