Farming

Bloomberg - The deadly new world screwworm was confirmed in the US for the first time in nearly a decade, posing the latest threat to a cattle herd already at its lowest level in 75 years. The USDA is taking measures to contain the parasite and said there’s no reason to believe it will gain a foothold, but the news comes at a dire time for the industry that’s already sent sent beef prices climbing to a record high. Here’s why authorities are worried.