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Like the cliff swallows annual springtime return to Capistrano, government announcements and headlines of New World Screwworm scares emerge in late May through early June.
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The dynamics of US cattle markets continue to diverge, with funds showing little interest while fundamentals remain bullish short-term, intermediate-term, and long-term.
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The US beef industry is vulnerable to a break, though, due to the outlook of continued higher fuel prices due to the US president's War on Iran.
Each spring, the cliff swallows return to Mission San Juan Capistrano in Southern California, an event dating back to the 18th century when it was first noted, inspiring poets, songwriters, and film makers over the centuries. Naturally, the good folks of Texas have taken note of this, and under the belief that anything the Golden State can do the Lone Star State can do better, now sound the alarm annually about the return of the New World Screwworm. Unfortunately, or maybe fortunately, this event has not driven the imagination of artists, though given the screwworms description of “flesh-eating”, I would expect a cheap horror movie to be made in the not-too-distant future and most likely funded by the current US administration to be shown in new ballroom.
