
Mexico activated emergency controls after detecting a New World screwworm case in cattle in Nuevo León, the closest case to the U.S. border since the outbreak began. The animal was found in Sabinas Hidalgo and came from Veracruz.
The detection marks the closest case to the U.S. border in the outbreak so far.
The nearby case increases the chance that the border stays closed to Mexican cattle, keeping U.S. feeder and fed cattle supplies tight and prices firm.
After 148 past bullish disease events, Live Cattle 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, Feeder Cattle 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.