
Rollins announced new steps against New World screwworm and said the Mexican cattle border would stay closed until the outbreak is under control. She acknowledged beef prices could keep rising, noting they were up 11.3% year on year in July.
USDA is also putting up to $100 million into screwworm control technology alongside the new Edinburg, Texas fly facility.
Continued suspension of Mexican cattle imports keeps US feeder supply tight, supporting cattle futures and retail beef prices.
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.