
After more than a year of closure, the US border is again accepting cattle from Mexico. The closure was imposed over health concerns linked to the New World screwworm, not commercial reasons.
Reopening is proceeding gradually, starting at Douglas, Arizona.
Resumed Mexican feeder cattle imports add supply to US feedlots, which can weigh on feeder and live cattle prices and ease demand for feed grains over time. Beef retail prices are unlikely to fall quickly because the herd remains tight.
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.