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The USDA plans to expand bird flu testing of beef from dairy cows sent to slaughter. Nearly 200 herds in 13 states have been infected since March, and a May sample test found virus in one cow's tissue.
Expanded testing could tighten controls on cattle slaughter and add uncertainty about dairy-origin beef supply. The effect on live cattle prices is likely limited unless positive findings increase.
reuters.comLeah DouglasAug 13, 2024After 69 past neutral disease events, Live Cattle moved a median -0.1% over 5 sessions (42% higher; middle half -0.8% to +0.6%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
