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Cattle prices reached all-time highs as drought and record-low inventories tightened supply. April live cattle hit $253.60 on April 14 and June reached $252.
The Mexican border closure over New World Screwworm has cut feeder imports of 1.1 to 1.2 million head a year.
Reduced feeder supply from Mexico and a small domestic herd keep fed and feeder cattle prices elevated into peak grilling demand.
wisfarmer.comJan ShepelMay 1, 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.
Record-high cattle prices from drought, low inventories and lost Mexican feeder imports (1.1-1.2M head/yr) describe the structural supply squeeze behind the rally.
