says the hog futures rally has matured, limiting further gains through the first half of 2026 even as pork demand stays strong. It also reports that Columbus, New Mexico has reopened to Mexican cattle imports after nearly two years of screwworm-related restrictions.
The commentary adds that a new USDA fed cattle report was disappointing.
The reopened border could gradually ease feeder cattle tightness, which is bearish for feeder prices. Limited hog upside suggests the futures rally may fade.
Not 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.