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South Africa has experienced multiple simultaneous animal disease outbreaks, including foot-and-mouth disease, African swine fever and avian influenza, pointing to biosecurity weaknesses. Beef exports fell 12% year-on-year in 2022 after temporary closures tied to the outbreaks.
Reduced South African meat exports and herd losses shift regional meat supply and demand, with limited direct effect on global feed prices.
betsbulletin.comDec 1, 2023After 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.
After 69 past neutral disease events, Lean Hogs moved a median -0.2% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -1.6% 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.
