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Mexican cattle are now inspected for fever ticks at a temporary site in Laredo, Texas, instead of in Mexico. The shift follows cartel violence that made inspections in Mexico too dangerous.
Ticked cattle remain barred from the US, and the inspections are part of an eradication effort along the border.
Continued restrictions on Mexican feeder cattle limit imported supply to US feedlots, which supports domestic feeder cattle prices modestly.
dairyherd.comKaren BohnertNov 20, 2020After 29 past neutral disease events, Feeder Cattle moved a median +0.6% over 5 sessions (62% higher; middle half -1.5% to +2.2%), and +1.0% 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.
