
The US administration warned it would restrict livestock imports from Mexico unless Mexico intensifies its fight against New World screwworm. The pest's maggots burrow into the skin of living animals.
A ban on Mexican cattle imports would further tighten the already short US feeder and live cattle supply, supporting 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.