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Live and feeder cattle futures fell over the week as cash cattle and boxed beef prices weakened. Traders worried about rising feeder supplies once USDA reopens the border to Mexican live cattle, and a new avian influenza strain was reported in a California dairy.
Expected Mexican feeder cattle imports add supply and weigh on feeder and fed cattle prices, while the disease news adds uncertainty for the dairy and beef complex.
wlj.netAnna Miller FortozoFeb 7, 2025After 121 past bearish trade events, Live Cattle moved a median -0.6% over 5 sessions (40% higher; middle half -1.6% to +0.8%), and -0.3% over 20.
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.
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.
