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East Texas agriculture agents are monitoring the screwworm outbreak in the Florida Keys, which has affected a stray dog and deer. Officials say the pest could return from the Caribbean and would raise management, labor and livestock costs if it reached Texas ranches.
Fears of renewed screwworm spread raise expected costs for cattle producers and could tighten feeder supplies if movement controls follow.
ktre.comCaleb BeamesJan 14, 2017After 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.
