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South Africa has experienced multiple concurrent outbreaks of foot-and-mouth disease, African swine fever and avian influenza, exposing weaknesses in its biosecurity system. In 2022, six of nine provinces reported foot-and-mouth outbreaks, the widest spread in the country's history.
Animal disease and export restrictions reduce South African meat and poultry exports and domestic feed demand, a small regional effect on global feed prices.
agribook.co.zaCraig MacaskillNov 14, 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.
Not enough comparable past events yet for a historical read.
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.
