USDA data reported November 1 show 79 confirmed New World screwworm cases in the US since the outbreak began in June, with 25 still active. Cases are now confirmed in Texas, New Mexico and Arizona, and surveillance has been expanded after a recent uptick following a drop in August and September.
Cattle disease spread in the US tightens livestock movement controls and border trade, which can reduce feeder cattle supply and support live and feeder cattle prices.
After 122 past bullish disease events, FCATTLE 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, 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.