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WOAH's Panama-United States screwworm commission director describes new world screwworm, a fly whose larvae destroy living tissue in warm-blooded animals, and its effects on cattle productivity. He notes the recent resurgence in Central America has put the region on alert and that some human cases have been reported.
Screwworm spread toward Mexico and the US border threatens livestock movements and could tighten US feeder cattle supplies through import restrictions, which is supportive for cattle prices.
rr-americas.woah.orgLeandro BarcosJul 14, 2024After 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.
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.
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.
