The cattle industry is on high alert following the latest case of New World Screwworm in Mexico, which was reported just 70 miles from the U.S. border.
USDA has boots on the ground there, inspecting fly traps and dispersing sterile flies into the region.
Texas Ag Commissioner Sid Miller joined RFD-TV’s Jennifer Vickery-Smith to give an update on the confirmation, more context behind Sec. Rollins’ statement about not relying on Mexico, and the impact this has on the industry.
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Recent USDA export sales data show China has been active in the U.S. market, but analysts tell RFD-TV News that the timing is a key clue.
Tight feeder supplies and lower placements indicate continued support for the cattle market, with regional impacts heightened in Texas by reduced feeder imports.
Cattle markets are watching the Cattle-on-Feed Report for signs of tighter supplies, while USMEF warns limited China access is cutting producer profits.
Lower milk prices may pressure margins, but strong cattle values could soften near-term financial impacts.
