Loading…
USDA announced a phased reopening of the southern border to Mexican cattle imports starting August 24. August feeder cattle fell $7.075 to $338.25, their lowest close in seven months, and deferred contracts hit the daily limit lower.
Live cattle also ended lower, and grain futures fell after a heatwave and a crude selloff.
Resumed Mexican feeder cattle imports add supply to a tight US feeder market, pressuring feeder and live cattle prices. Analysts expect the flow to be small in the near term, which limits the lasting impact.
profarmer.comBill WattsJul 27, 2026After 24 past bearish policy events, Feeder Cattle moved a median +0.3% over 5 sessions (54% higher; middle half -3.3% to +1.2%), and +0.5% over 20.
After 30 past bearish policy events, Live Cattle moved a median -0.8% over 5 sessions (43% higher; middle half -2.0% to +1.1%), and +0.9% 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.
