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FAO reports a severe screwworm outbreak in Senegal that affected thousands of animals in the 2023 rainy season, with some deaths. A mission visited seven of 14 departments and collected nearly 2,000 case reports.
Livestock disease in West Africa has little direct effect on global feed or livestock prices, so the impact on markets is minimal.
thebeefsite.comMelanie EppAug 5, 2024After 356 past disease events, LCATTLE moved a median +0.2% over 5 sessions (54% higher; middle half -0.8% to +1.1%), and +1.1% over 20.
After 266 past disease events, FCATTLE moved a median +0.5% over 5 sessions (59% higher; middle half -1.1% to +1.7%), and +1.7% 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.
