
The United States temporarily paused imports of Mexican cattle after a New World screwworm case was identified in Catazaja, Chiapas, according to the Mexican government. Both governments said they are working on measures to resume normal export flows, and the measures do not apply to other exports.
A halt in Mexican cattle imports tightens US feeder supplies, which is bullish for feeder and live cattle prices until trade resumes.
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.