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Beef prices are at record highs, with cattle inventory at a 75-year low. Dallas Fed economists say the shrinking herd predates the screwworm threat and will keep prices high even if the parasite stays out of the US.
Screwworm cases in northern Mexico, including one about 60 miles from the Texas border, add to the risk.
A structurally small herd keeps cattle supply tight for months, supporting live and feeder cattle prices regardless of any outbreak.
dallasnews.comTrevor BachMay 29, 2026After 148 past bullish disease events, LCATTLE 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, FCATTLE 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.
