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USDA Ag Secretary Brooke Rollins said the US will not reopen the border to Mexican cattle while New World screwworm remains a threat, which initially supported prices. A later report that President Trump was very interested in reopening the border triggered a sharp selloff, with December live cattle down $4.42 and January feeders down $7.30 on Tuesday.
Uncertainty over reopening Mexican feeder cattle imports creates swings in futures, and the market reaction shows how quickly headlines can override tight-supply fundamentals.
dtnpf.comShayLe StewartNov 5, 2025After 121 past bearish trade events, Live Cattle moved a median -0.6% over 5 sessions (40% higher; middle half -1.6% to +0.8%), and -0.3% over 20.
After 87 past bearish trade events, Feeder Cattle moved a median +0.4% over 5 sessions (54% higher; middle half -3.2% to +1.9%), and +1.1% 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.
A report that Trump was keen to reopen the Mexican border triggered a sharp selloff, with January feeders down $7.30 on Nov 4, despite Rollins' earlier supportive comments.
Report that Trump was interested in reopening the Mexican border triggered a sharp selloff (Dec live cattle -$4.42 on Nov 4), squarely within the 5-day window, through supply-expectation and sentiment effects.
