USDA Secretary Brooke Rollins announced suspension of live cattle, horse, and bison imports through southern border ports due to northward spread of New World screwworm in Mexico. The suspension will persist month by month until containment is achieved.
Losing Mexican feeder cattle, which typically supply several million head a year, tightens US feeder supply and supports cattle prices.
After 148 past bullish disease events, LCATTLE 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, FCATTLE 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.