
Mexican cattle ranchers are preparing to ship animals to the Santa Teresa port in New Mexico, which has been closed for over a year due to screwworm. Stockyards in Anthony, New Mexico, are getting ready for imports this week, with cattle coming from Sonora through Douglas, Arizona.
Resumed Mexican feeder cattle imports add supply to a US herd that is at its smallest since the 1950s, which partly offsets tight supplies and may pressure feeder prices.
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.
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.