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A screwworm outbreak has spread across Central America, with Panama recording over 19,700 cases so far in 2024 against fewer than 100 in a normal year. The parasite has returned to herds that had been free of it for decades.
Livestock losses and treatment costs in Central America, and the risk of northward spread toward the US, could tighten beef and cattle supplies over time.
After 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.
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.