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USDA reported 15 New World screwworm animal cases in the US, with three now inactive, mostly in Texas. Around 55% of the country was in drought per the Drought Monitor for mid-June, and about 53% of cattle inventory is affected by drought.
Tight domestic cattle supplies combined with drought-driven herd pressure support cattle and beef prices, while further screwworm spread could tighten supplies more.
beefmagazine.comTyler CozzensJul 1, 2026After 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.
