
CME cattle futures rose on technical trading and expectations of strong grilling-season demand, even as feeder futures initially fell on reports of a possible phased reopening of the U.S.-Mexico border to cattle. USDA Secretary Rollins said a decision on reopening, possibly at Douglas, Arizona, would come within two to four weeks.
Reopening the border to Mexican feeder cattle would add supply and pressure feeder prices, while strong beef demand supports fed cattle.
After 87 past bearish trade events, Feeder Cattle moved a median +0.4% over 5 sessions (54% higher; middle half -3.2% to +1.9%), and +1.1% over 20.
After 78 past bullish trade events, Live Cattle moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +1.2%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.