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Aug 17, 2022DISEASEIndonesia

SE Asia Report: FMD continues to spread in Indo

Beef Central's SE Asia report says foot-and-mouth disease continues to spread across Indonesia, with slow vaccination and emergency slaughter causing volatile live cattle prices. Australian cattle prices are declining sharply as a result.

WHY IT MATTERS

Spreading FMD in Indonesia cuts demand for Australian live cattle and creates price volatility, which pressures Australian cattle values.

AFFECTSLive Cattle▼

SOURCE
beefcentral.comGuest AuthorAug 17, 2022

Price reaction & history

Live Cattle▼bearishSO FAR1d +0.2%5d +1.0%20d +0.6%

After 70 past bearish disease events, Live Cattle moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.0%), and +0.4% over 20.

Jun 9, 2022SE Asia Report: FMD vaccine desperately needed to avert Indo catastrophe - Beef Central+1.0%
Mar 27, 2022The threat that has the northern cattle industry on high alert - Beef Central-0.7%
Jun 17, 2022May cattle exports near 60,000 head - Beef Central+0.3%
Jan 29, 2020China’s coronavirus outbreak will impact beef and cattle trade - Beef Central-1.1%
Mar 23, 2022Australia's chief vet travels to Indonesia as urgent vaccine rollout begins for lumpy skin disease - ABC News+0.5%

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.

Live Cattle LCATTLE · GP ▸

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