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Live cattle futures moved above $250 for the first time, with April live cattle hitting a contract high of $253.60 on April 14. Record cash trades of $250 in the North and a 75-year low in U.S. cattle inventory supported the rally despite Mexican import restrictions.
Tight herd numbers and restricted Mexican feeder imports keep feeder and live cattle supplies short, supporting higher prices into grilling season. A reopening of the Mexican border would be bearish for feeder cattle.
agweb.comApr 15, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
