@dotancohen,
iTS CALLED A bagworm, WHICH IS A LARVAE OF SOME SPECIES OF pSYCHID MOTHS. These moths are voracious feeders onornamental trees, orange trees, and rosebushes. When I worked in AFrica, theyd cultivate em on ACacia trees to eat. (taste a little like grasshopper when toasted)
They need to be controlled or they can strip a tree of needles in a few weeks
Heres what they look like in the field