
USDA and Texas officials announced an $8.5 million sterile fly production facility at Moore Air Base near Edinburg, Texas, plus $20 million to expand a sterile fly plant in southern Mexico. Together the facilities are expected to supply up to 100 million additional sterile flies weekly.
Expanded sterile fly output aims to suppress the outbreak in Mexico, which over time could reopen cattle trade and ease US feeder supply constraints, a modestly bearish factor for cattle prices.
After 46 past bearish disease events, Feeder Cattle moved a median +0.3% over 5 sessions (54% higher; middle half -2.3% to +1.6%), and +1.8% over 20.
After 70 past bearish disease events, Live Cattle moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.0%), and +0.4% 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.