
A screwworm case in southern Mexico has halted US cattle imports for about two months, and local Texas ranchers say the ban is pushing record cattle prices higher. Industry participants expect beef retail prices to rise, but no clear timeline for lifting the ban has been set.
The import halt restricts feeder supply and keeps cattle values at record levels, with higher beef prices likely to follow.
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.
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.