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Australian cattle exports to Indonesia and Malaysia have been suspended after lumpy skin disease was detected in some shipments. Four quarantine depots are affected, and Australia must show LSD freedom within 60 days.
Indonesia disputes the vaccination explanation for the positive results.
Suspended Australian live cattle trade reduces Southeast Asian feeder supply and can tighten cattle prices in importing markets. The effect on grain and meal demand is small.
beefcentral.comGuest AuthorAug 17, 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.
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.
