Jun. 14 at 9:31 AM
$JBS Screwworm outbreak in U.S. remains limited to Texas but Canada’s import ban of Texas beef underscores need for U.S. to contain outbreak and then re-eradicate screwworm as it did in the 1960s previously.
Having already reached all-time highs in April, U.S. beef prices could take another leg up if screwworm outbreak is not contained. Consumers already have begun trading down to pork, chicken and cheaper cuts of beef — a potential headwind for JBS, TSN, PPC, SFD, etc., b/c of narrower profit margins.
Per CNBC: https://www.cnbc.com/amp/2026/06/10/texas-screwworm-cattle-beef-prices-inflation.html
