Tennessee, Florida Tighten Safeguards After Texas Screwworm Cases

Tennessee and Florida agriculture officials have ramped up animal health safeguards following the confirmation of New World screwworm (NWS) in Texas, as states move to prevent the flesh-eating parasite from spreading into major livestock-producing regions.

The Tennessee Department of Agriculture said it has increased surveillance, producer outreach, and animal movement monitoring. Officials said no cases have been detected in Tennessee, but urged livestock owners and veterinarians to remain vigilant...

CME Feeder Cattle Futures Surge After Early Slide on Screwworm Report

Feeder cattle futures on the Chicago Mercantile Exchange (CME) opened sharply lower Thursday as traders reacted to news of a confirmed New World screwworm (NWS) case in a calf in Zavala County, Texas.

Contracts later pared losses and moved sharply higher into positive territory following two consecutive days of steep declines linked to NWS concerns.

Market participants cited ongoing uncertainty about US cattle supplies and movement restrictions following the reported case...

Cattle Futures Extend Losses on Screwworm Concerns as Grain Markets Slide

Chicago Mercantile Exchange (CME) live and feeder cattle futures remained under heavy pressure Wednesday after sharp losses in the previous session, as traders weighed reports of a potential New World screwworm (NWS) case in Texas.

Samples from a suspected NWS infestation at a cattle operation in La Pryor, Texas, have been sent to a federal laboratory in Iowa for testing, Texas Representative Don McLaughlin told Reuters. The US Department of Agriculture (USDA) has not confirmed a Texas case, though the agency on Tuesday reported an NWS detection about 25 miles south of the Texas border.

Feeder cattle futures led the selloff, with the August contract breaking below key support to a multi-month low...

CME Feeder Cattle Plunge Further, Hit Expanded Daily Limits

The cattle complex on the Chicago Mercantile Exchange is deepening its steep losses in early Monday trading, extending Friday’s sharp sell-off that saw all but the nearby live cattle contract end at limit-down.

As of 9:50 a.m. ET, live cattle futures are sliding between $4.00 and $7.70, while most feeder contracts are hitting the expanded daily limit.

Both live ($10.75) and feeder cattle ($13.75) futures will trade under expanded limits today.

The recent downturn likely reflects long liquidation across both live and feeder futures markets as traders digest a range of developments, including the Trump administration’s plan to increase imports...