
Feeder and live cattle futures fell sharply on Friday while lean hogs closed mixed. An unconfirmed report of New World screwworm in Oklahoma circulated, and the U.S. has been closed to Mexican cattle imports since July.
Choice boxed beef slipped to $378.84 per cwt.
Screwworm rumors can cut cattle prices on uncertainty, while a confirmed U.S. case would tighten supply further and threaten exports. Feeder buyers should watch border status and herd losses closely.
After 70 past bearish disease events, Live Cattle moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.0%), and +0.4% over 20.
After 46 past bearish disease events, Feeder Cattle moved a median +0.3% over 5 sessions (54% higher; middle half -2.3% to +1.6%), and +1.8% over 20.
After 69 past neutral disease events, Lean Hogs moved a median -0.2% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -1.6% 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.