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An Australian Senate committee recommended a biosecurity import levy to fund defences against foot and mouth disease and varroa mite. The inquiry produced 29 recommendations after six months of hearings.
Stronger Australian biosecurity funding is a long-term policy matter with little direct effect on feed or livestock prices in the near term.
beefcentral.comJames NasonDec 13, 2022After 166 past policy events, LCATTLE moved a median +0.3% over 5 sessions (58% higher; middle half -0.9% to +1.2%), and +1.3% over 20.
After 79 past policy events, FCATTLE moved a median +0.3% over 5 sessions (56% higher; middle half -1.0% to +1.2%), and +0.8% 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.
