New World screwworm has been detected in more than 120 animals across Texas, New Mexico and Arizona since June, with November recording the highest number of cases so far. Oklahoma has no confirmed cases, but experts warn the parasite could spread to livestock, including through transported animals.
Spread of the parasite could damage cattle herds and constrain livestock supply, supporting cattle prices. The risk to Oklahoma remains prospective, with no confirmed cases there.
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.