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Cattle fever tick infestations are growing in South Texas, with 199 premises infested and more than 2,500 under quarantine as of July 10. Congress secured $91.5 million for the USDA APHIS Cattle Health Program in the FY2018 appropriations bill.
Ticks are crossing from Mexico, where control is weaker.
Quarantines and movement restrictions can reduce cattle marketing in affected Texas areas and raise compliance costs. The impact on national prices is currently small.
texasfarmbureau.orgJulie TomascikAug 21, 2017After 29 past neutral disease events, Feeder Cattle moved a median +0.6% over 5 sessions (62% higher; middle half -1.5% to +2.2%), and +1.0% 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.
