
US and Mexican governments agreed to step up joint efforts to contain a screwworm outbreak in southern Mexico. Secretary Rollins had threatened to close the border to livestock and animal commodity imports, and she requested permission for preventive measures such as aerial releases of sterile flies.
Mexico supplies over a million cattle a year, so the agreement lowers the risk of a border closure that would tighten US feeder supply.
After 70 past bearish disease events, Live Cattle moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.0%), and +0.4% over 20.
After 46 past bearish disease events, Feeder Cattle moved a median +0.3% over 5 sessions (54% higher; middle half -2.3% to +1.6%), and +1.8% 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.