
Screwworm cases within the 400-mile buffer zone from the US border reached 273 in the week ending April 18, with Tamaulipas cases jumping to 75. Speculation persists that the US will restart cattle trade with Mexico despite the rising infections.
Rising cases make a near-term reopening less likely, keeping US feeder supplies tight and supporting cattle prices.
After 148 past bullish disease events, Live Cattle moved a median +0.4% over 5 sessions (62% higher; middle half -0.5% to +1.2%), and +1.4% over 20.
After 122 past bullish disease events, Feeder Cattle moved a median +0.4% over 5 sessions (60% higher; middle half -1.0% to +1.6%), and +2.0% 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.