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Feeder cattle shipments from Mexico through two US border crossings rose to about 2,550 head on October 13. Prices at the crossings rose $4 to $5 per hundredweight, and screwworm concerns continue to limit a full recovery in trade.
Stronger border prices signal firm US buyer demand for Mexican feeders, while limited volumes keep supply tight. The net effect is supportive for feeder cattle prices.
Not enough comparable past events yet for a historical read.
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.