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USDA will reopen the Santa Teresa, New Mexico port to Mexican cattle after blocking imports for over a year over New World screwworm. The pest was found in a Texas calf in June, and US case counts have stayed relatively contained while Mexican cases keep rising.
Reopening adds feeder cattle supply, but analysts expect limited relief for record retail beef prices, so the feeder and live cattle complex may see modest bearish pressure.
reuters.comTom PolansekSep 24, 2026After 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.
