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President Trump threatened on March 29 to close the US border with Mexico unless immigration demands were met, and later said the closure could cover all trade. On April 4 he softened the threat and gave Mexico and Congress more time.
A full border closure would disrupt cattle and beef trade with Mexico, adding uncertainty to feeder cattle supply and cross-border flows. The threat has been softened, so the near-term price impact is limited.
wlj.netKerry Halladay, WLJ Managing EditorApr 4, 2019After 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.
