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AP reports that USDA plans a $750 million fly production facility in Texas to fight New World screwworm. It warns that screwworm entry could cause billions in economic losses and worsen record beef prices.
The parasite can also infest wildlife, pets and occasionally humans.
A screwworm incursion in Texas would cut cattle supply and raise beef prices, so the facility supports the stability of live cattle markets.
apnews.comJohn HannaAug 15, 2025After 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.
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.
