It has been two weeks since my last newsletter but this week I’m back with an interesting story.
Last week the USDA confirmed the first US screwworm detection since 1966.
So far it is a volatility event, not a herd event. The dominant price driver is unchanged: the smallest US cattle herd in 75 years plus a closed Mexican border.
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First Screwworm Case Detected in the US - What It Means For Cattle Prices