
Live and feeder cattle futures fell the week of August 31 as Trump's beef import plan and the reopening of the Mexican border to feeder cattle weighed on sentiment. The plan allows up to 100,000 metric tons of lean trimmings per month without TRQ tariffs.
Brazil and Paraguay are likely to benefit most, since they fill the Other Countries quota.
Duty-free lean trimmings imports and resumed Mexican feeder cattle flows add supply to the US market, pressuring cattle prices.
After 30 past bearish policy events, LCATTLE moved a median -0.8% over 5 sessions (43% higher; middle half -2.0% to +1.1%), and +0.9% over 20.
After 24 past bearish policy events, FCATTLE moved a median +0.3% over 5 sessions (54% higher; middle half -3.3% to +1.2%), and +0.5% 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.
Cattle futures fell the week of Aug 31 on the beef import plan and Mexican feeder cattle reopening, a direct sentiment and supply driver.