
USDA Secretary Brooke Rollins said the department is evaluating a phased reopening of the southern border to Mexican feeder cattle, possibly through the port about 800 miles from the nearest screwworm case. She expects an announcement within a month, and a new sterile fly facility in South Texas is planned for mid-April.
Reopening ports would add feeder cattle supply to a market that is already tight, which is bearish for feeder prices, though the timing and scope remain uncertain.
After 46 past bearish disease events, Feeder Cattle moved a median +0.3% over 5 sessions (54% higher; middle half -2.3% to +1.6%), and +1.8% over 20.
After 70 past bearish disease events, Live Cattle moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.0%), and +0.4% 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.