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Deadly Cattle Parasite Threatens US Herd

Bloomberg Markets •
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The screwworm parasite, a deadly cattle disease, has been confirmed in the US for the first time in nearly a decade. This discovery threatens the nation's vulnerable livestock industry. The parasite, previously eradicated in the US, can cause mortality rates up to 20% in infected cattle, potentially disrupting meat production and supply chains.

The timing is concerning as the US cattle herd stands at a 75-year low. Reduced herd sizes from drought have already constrained beef production, with ranchers facing higher operational costs. The parasite's return could further strain an industry battling inflation, feed shortages, and rising transportation expenses affecting meat processing facilities nationwide.

Market analysts anticipate price volatility in the beef sector as supplies tighten. The parasite may force ranchers to increase spending on prevention, squeezing profit margins. Industry groups urge immediate containment to prevent spread to neighboring states, where similar outbreaks could cascade through regional agricultural economies dependent on cattle production.