
The closure of the Santa Teresa cattle crossing due to screwworm has cut trade and jobs in the El Paso area. One cattle trucking firm reports 80% of its trucks idle and 150 drivers laid off.
The crossing handled 62% of US-Mexico cattle and horse trade in 2022, valued at over $600 million.
The lost cross-border cattle flow reduces US feeder supply, which keeps cattle prices firm while beef prices rise.
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.