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The USDA announced on Monday a phased reopening of cattle, bison and equine imports from Mexico after a prolonged closure over screwworm. Arizona's Douglas port was named the lowest-risk entry point.
The reopening is set to start as early as July 7.
Restored Mexican cattle flows would increase feeder supplies in the U.S., weighing on feeder cattle prices while the herd remains near multi-decade lows.
reuters.comKarl PlumeJun 30, 2025After 87 past bearish trade events, Feeder Cattle moved a median +0.4% over 5 sessions (54% higher; middle half -3.2% to +1.9%), and +1.1% over 20.
After 121 past bearish trade events, Live Cattle moved a median -0.6% over 5 sessions (40% higher; middle half -1.6% to +0.8%), and -0.3% 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 June 30 USDA announcement of a phased reopening of Mexican cattle imports from July 7 raised expected feeder supplies, a bearish shock that pressured cattle futures.
Reuters coverage of the same June 30 reopening announcement points to renewed Mexican cattle supply and bearish sentiment.
