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Feeder cattle imports from Mexico have fallen 60% year to date since the border reopened in February, with 197,844 head imported. The border closed again as screwworm moved farther north in southern Mexico, and the closure will stay until containment progresses.
The sharp drop in Mexican feeder supply tightens US feeder cattle availability, supporting prices for feeder cattle.
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.