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Hippodamia convergens
Lindsy, I've created a mission for beetles which covers most of Nebraska and Iowa. I'd love for you to add this and any other beetles you find.
http://www.projectnoah.org/missions/1150...
Thank you suchiegirl that is very interesting and good to know :D I've been wondering about it ever since I took this picture.
The yellow fluid is it's blood. Their blood has a distinct odor and can be toxic to some animals, so by "reflex bleeding" they warn predators to leave them alone.