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The May WASDE forecasts 2026 US red meat and poultry production lower than 2025, with beef prices expected to stay higher. The forecast assumes Mexican live cattle, horse and bison imports remain suspended indefinitely because of New World screwworm.
Lower beef and feeder supplies from the closed Mexican border point to higher cattle prices, especially in the Southern Plains. Analysts also note that cooperation between the two countries could have reduced the economic harm.
hpj.comDave BergmeierMay 23, 2025After 227 past bullish report events, Feeder Cattle moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% over 20.
After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% 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.
