NPR reports that at least 19 New World screwworm cases are now confirmed in Texas, threatening the state's cattle industry and wildlife such as deer. Ranchers are skeptical of government handling, and the USDA is facing criticism over preparedness.
A growing number of cases raises the risk of movement restrictions and herd losses in the top beef-producing state, supporting cattle prices. Containment costs and tighter supply could extend the cattle price rally.
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.
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.
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.