
USDA Secretary Brooke Rollins and Texas Governor Greg Abbott announced a sterile fly production facility in Edinburg, Texas, that will produce 300 million screwworm flies weekly, plus more border tick riders. No timeline was given for reopening the border to Mexican cattle imports, and feeder and live cattle futures rallied for the week.
Border closure to Mexican feeder cattle keeps US supplies tight, so any reopening would pressure feeder prices lower while continued restrictions keep them supported.
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.
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.
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.