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A Nedbank agriculture analysis describes how repeated disease outbreaks in South Africa, including FMD and avian influenza, reflect weak veterinary resources, poor compliance with culling, and vaccine shortages. It argues that these weaknesses are compounding pressure on the sector.
The analysis concerns structural biosecurity weaknesses in one national livestock sector. It is unlikely to influence global feed commodity prices.
proagri.co.zaSpecialist WriterJan 17, 2024After 645 past disease events, HOGS moved a median -0.1% over 5 sessions (48% higher; middle half -1.8% to +2.1%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
After 615 past disease events, SBM moved a median -0.2% over 5 sessions (46% higher; middle half -1.8% to +1.8%), and -0.2% 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.
