Cattle Market Guys - Week Wrap Up 6-5-2026

A confirmed New World Screwworm detection in South Texas sent feeder cattle futures tumbling this week — and the market reacted exactly the way markets always do: fear first, facts later. For producers across the Southwest, this isn't an abstract biosecurity concern. It's a direct threat to cattle movement, market confidence, and trade relationships.

On this week's episode of Cattle Market Guys, Brock and Jim break down a feeder market that has quietly shed significant ground over the past month, with medium and large frame one steers in the 500–549 pound class dropping roughly $20 per hundredweight over four weeks. Model projections suggest continued softness in the near term, particularly in the six-weight class, before a modest recovery. The screwworm confirmation — and the USDA's initial denial followed by rapid reversal — is identified as a key driver of that market uncertainty.

Brock and Jim also cover a genuinely encouraging export story, with Caribbean and Central American beef demand posting record first-quarter values, led by strong performances in the Dominican Republic and Guatemala. On the trade policy front, the episode examines proposed U.S. tariffs targeting Brazil and sixty other economies, and flags a development with long-range implications: China's decision to lift FMD restrictions on all of Brazil, opening a major new channel for one of America's chief competitors in global beef markets.