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August feeder cattle futures reached record highs of $306.85 on May 12, gaining about $6.50. Analysts attribute the rally to the US-China tariff reduction and the USDA's decision to close the southern border to Mexican cattle again over New World screwworm.
Tighter Mexican feeder supply and improved export sentiment push feeder cattle prices higher, and the border closure cuts already-reduced imports. Broader stock market and tariff sentiment also contributed to the move.
agweb.comMay 12, 2025After 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.
