
Five Rivers Cattle Feeding, one of the largest US feedlot companies, says it is struggling to fill pens because the Mexican cattle import closure removes about five percent of its supply. The article also notes the US herd is at its lowest in decades and ranchers are selling cattle at high prices.
Feedlots competing for scarce feeder cattle support feeder prices and raise feed demand for corn only marginally, while sustaining high cattle values.
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.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% 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.