By Jamie Martin
The discovery of the New World screwworm in the U.S. has created noticeable shifts in cattle futures markets, but experts confirm that there is no threat to meat safety or supply.
According to Dr. David Anderson from Texas A&M AgriLife Extension, the screwworm can infect warm-blooded animals, including cattle, sheep, goats, and even pets. However, he emphasized that the pest does not impact the quality or safety of meat. Early detection and proper treatment allow animals to recover fully.
Market reactions were immediate, with cattle futures showing significant fluctuations. Prices fell from about $250 to $229 per hundredweight within a week. This movement reflects typical market behavior when unexpected events occur, while the long-term effect on the cash market remains uncertain.
“Prices are going to stay high,” said Anderson. “But typically, retail prices for beef tend to level off and decline after the middle of the year after we get past the grilling season rush. I don’t think this should have any effect on retail prices.”
Despite market concerns, the core fundamentals of the beef industry remain unchanged. The U.S. cattle herd remains historically small, beef production is lower than the previous year, and consumer demand continues to be strong. These conditions are expected to keep beef prices high, especially during peak summer demand.
Producers are encouraged to strengthen herd management practices. This includes monitoring animals closely, treating wounds promptly, and working with veterinarians to manage any infestations. Reporting cases to authorities helps control the spread through established eradication programs.
Experts also remind producers to check out all animals, not just cattle, since the pest can affect any warm-blooded species. While the screwworm is a concern, experience and current management tools provide confidence that it can be controlled effectively without affecting the food supply.
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Categories: National