The outgoing chairman of the Texas Cattle Feeders Association discusses the extended closure of the Mexican border to live cattle, a phased reopening that has begun, and tariff issues. He says the effects of the closure will take time to overcome, especially for vulnerable Texas feedyards.
Feedyards short of Mexican feeders must replace that supply domestically, which keeps feeder cattle values firm. The reopening is expected to ease this gradually.
After 14 past neutral trade events, Feeder Cattle moved a median +0.1% over 5 sessions (50% higher; middle half -1.0% to +1.3%), and +1.2% 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.