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Mexico's Agriculture Minister Julio Berdegue will meet U.S. Agriculture Secretary Brooke Rollins to discuss reopening the border to Mexican cattle. The U.S. has kept the border closed to Mexican cattle since May because of New World screwworm.
Reopening would add feeder cattle supply to a tight U.S. herd, pressuring cattle futures lower. Continued closure keeps feedyards short of animals and supports prices.
reuters.comOct 23, 2025After 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.
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.
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.
The planned Mexico-US ag minister meeting on reopening the border to cattle fed the supply-increase fears behind the drop.
Planned Mexico-US ag minister talks on reopening the border to cattle implied higher future feeder supply, bearish for cattle.
