
Mexican feeder cattle continue to enter the US through Douglas, Arizona, with 2,000 head crossing in one week and 12,800 head since the port reopened August 24. The Santa Teresa crossing is the next reopening to watch.
Feeder supplies are still expected to stay constrained.
Renewed Mexican imports add some feeder supply, but volumes are too small to offset tight domestic supplies, so feeder cattle prices remain supported.
After 47 past bullish trade events, Feeder Cattle moved a median +0.2% over 5 sessions (53% higher; middle half -1.0% to +1.0%), and +1.5% over 20.
After 65 past neutral trade events, Live Cattle moved a median +0.3% over 5 sessions (57% higher; middle half -0.5% to +1.4%), and +2.5% 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.