
A new New World screwworm case was detected in Sabinas Hidalgo, Nuevo Leon, about 70 miles from Roma in Texas. Mexico has reported more than 500 active cattle cases across southern states, and the US has blocked imports of live Mexican cattle for a second time.
Congressman Henry Cuellar urged the USDA to work faster with Mexican authorities, and there are no reported cases in Texas.
Continued Mexican cattle import restrictions tighten US feeder cattle supply, and any spread into Texas would further cut available cattle, supporting cattle prices.
After 122 past bullish disease events, Feeder Cattle moved a median +0.4% over 5 sessions (60% higher; middle half -1.0% to +1.6%), and +2.0% over 20.
After 148 past bullish disease events, Live Cattle moved a median +0.4% over 5 sessions (62% higher; middle half -0.5% to +1.2%), and +1.4% 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.