
An Oklahoma State extension analysis outlines what a reopening of the Mexican border to cattle imports could mean. Mexican imports have averaged about 1.17 million head a year, and the article says many questions remain about timing and the size of the backlog in Mexico.
A reopening would release a backlog of Mexican feeder cattle into the US, adding supply and pressuring feeder and live cattle prices.
After 87 past bearish trade events, Feeder Cattle moved a median +0.4% over 5 sessions (54% higher; middle half -3.2% to +1.9%), and +1.1% over 20.
After 121 past bearish trade events, Live Cattle moved a median -0.6% over 5 sessions (40% higher; middle half -1.6% to +0.8%), and -0.3% 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.