
The US halted cattle imports from Mexico again after the New World screwworm moved closer to the border. The suspension came only days after a port in Arizona had reopened to Mexican cattle.
Renewed import restrictions keep Mexican feeder cattle out of US feedlots, tightening supply and supporting cattle prices.
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.
The renewed halt of Mexican cattle imports reduces expected cattle supply and supports futures.