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Texas Standard reports on cross-border cattle movement where Mexican cattle enter the US through New Mexico and head to feedlots, mainly in the Texas Panhandle and Amarillo region. The practice has been ongoing for years, with ranchers on both sides benefiting.
Steady Mexican feeder cattle imports supply US feedlots and add to placements, a modest offset to domestic tightness that matters for feeder cattle balance.
kut.orgMichael MarksJan 3, 2024After 14 past neutral trade events, Feeder Cattle moved a median +0.1% over 5 sessions (50% higher; middle half -1.0% to +1.3%), and +1.2% 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.
