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Several US states have imposed or tightened movement restrictions on dairy cattle after the disease now called Bovine Influenza A Virus was confirmed on farms in Texas, Kansas, Michigan, Idaho, New Mexico, Ohio and North Carolina. Requirements include veterinary certificates, permits, pre-movement testing and quarantines, varying by state.
Movement limits slow the flow of dairy cattle and can reduce milk output and cull cow supply in affected areas. Uncertainty over spread has also weighed on cattle futures.
ziacommodities.comLester AldrichApr 11, 2024After 10 past bearish disease events, Milk (Class III) moved a median +0.1% over 5 sessions (60% higher; middle half -0.5% to +0.7%), and +2.2% over 20.
After 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.
