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Agriculture Victoria advises keeping ruminants away from poultry litter because it may contain restricted animal material linked to BSE and scrapie risk. It notes Brazil reported an atypical BSE case and temporarily suspended beef exports to China.
The newsletter also flags the marketability and processing cost impacts on exposed livestock.
Brazil's suspension of beef exports to China removes some demand for beef and could weigh on cattle prices in the short term. Restrictions on rendered feed inputs may also affect meat and bone meal flows.
agriculture.vic.gov.auDepartment of Energy, Environment, Climate ActionMay 16, 2023After 70 past bearish disease events, LCATTLE moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.0%), and +0.4% 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.
