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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Herd rebuilding looks slow, keeping cattle prices supported; beef-on-dairy crosses help fill feedlots, while imports temper—but don’t erase—tightness.
“We believe that it is just a matter of days or weeks... before we see New World screwworm in Texas.”
USMEF CEO Dan Halstrom joined us on Monday’s Market Day Report for his analysis on the U.S.-Taiwan trade agreement, which includes big bucks for U.S. Beef.
Fewer cattle on feed suggest smaller slaughter numbers this winter, which could support strong prices if beef demand holds firm.
Dairy farmers are expected to face strong output and export gains, but lower prices and tighter margins will persist into next year.
