
Live cattle futures fell on Monday, Aug. 24, with October down $4.32 to $213.60, as Mexican cattle imports resumed at the Douglas, Arizona port.
Feeder futures dropped $4 to $5 by midday, and Choice boxed beef was unchanged while Select rose $3.70.
Resumed Mexican feeder cattle imports add supply and weigh on feeder and live cattle prices, though firm boxed beef limits the downside.
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.
After 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.
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.