Loading…
New world screwworm has been detected in Panama, Costa Rica and now Nicaragua, threatening Belize's cattle industry, which is valued at $90 million. Belize has been free of the pest since 1992 and its cattle trade with Mexico could face restrictions if an outbreak occurs.
Belize's agriculture minister has called for urgent action from international organizations.
A Belize outbreak would likely bring quarantines and trade limits, but the effect on US cattle prices is indirect at this stage.
amandala.com.bzJaden FlowersJul 31, 2024After 69 past neutral disease events, Live Cattle moved a median -0.1% over 5 sessions (42% higher; middle half -0.8% to +0.6%), and +0.9% 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.
