IARN – The initial reaction in the ag marketplace to the first detection of New World Screwworm in a calf in south Texas in early June was a bit surprising to many market analysts. Generally, a negative headline can send the markets to the downside in a dramatic way, at least until the situation stabilizes and further information is digested. While the detection of NWS in the United States did send the cattle markets lower initially, there was almost an immediate bounce back for the prices and not a lot of additional movement to the downside.
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