Border Closure's Devastating Impact on Trade and Rail Operations

1 min read
Source: Reuters
Border Closure's Devastating Impact on Trade and Rail Operations
Photo: Reuters
TL;DR Summary

The closure of two major U.S.-Mexico rail bridges due to increased crossings by illegal migrants is causing "huge losses" and putting Mexico's livestock sector at risk, warns Mexico's main farm lobby. The closure has led to low inventories of yellow corn and soymeal, essential for the livestock sector, and threatens exports of beef and pork. The rail freight operator, Union Pacific, estimates the closures will have an economic impact of over $200 million per day and is working to reopen the crossings. This follows a similar warning issued by Mexico's main poultry producers association.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

73%

35194 words

Want the full story? Read the original article

Read on Reuters