USDA APHIS official Dr. Burke Healey said a new protocol allows cattle imports from Mexico while the screwworm outbreak is contained in the Yucatan region. Cattle are expected to move north within weeks once quarantine facilities in Sonora and Chihuahua are inspected, though South Texas ports stay closed for now.
Expected reopening would add feeder supply over coming weeks, a modest bearish factor for feeder cattle prices that are currently near record highs.
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.
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.
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.