Tyson, JBS Shares Rally After USDA Announces Phased Reopening of Mexican Cattle Imports
Shares of Tyson Foods and JBS rose sharply after the U.S. Department of Agriculture said it would restart a phased reopening of cattle imports from Mexico at the Douglas, Arizona port beginning August 24. The move, conditional on Mexico meeting a Joint Action Plan and strict USDA inspections, aims to relieve a domestic cattle shortage that has rais…