New Mexico confirmed its fifth New World screwworm case, in a beef cow in Otero County. A 12.4-mile infested zone was set up requiring inspection or treatment of animals before movement, and sterile flies are being released with USDA.
Movement restrictions inside the infested zone and continued spread raise the risk of tighter feeder cattle supply and higher cattle prices, while the case count adds to pressure on cross-border cattle trade.
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.
After 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.
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.