# Saleyard prices to fall; foot and mouth will cost us $80b: ABARES  | Farm Online | ACT

> ABARES modelling estimates a multi-state foot-and-mouth disease outbreak in Australia would cost about $80 billion. Officials warned that FMD and lumpy skin disease, both spreading in Indonesia, threaten Australia's beef and sheepmeat sectors.

- Date: 2022-06-09 · published 2022-06-09T12:00:00.000Z
- Category: disease · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/40866-saleyard-prices-to-fall-foot-and-mouth-will-cost-us-80b-abares-farm-online-act
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

The risk of an incursion creates downside risk for Australian cattle and sheep prices and could disrupt export markets if an outbreak occurs.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-03-29 | [Borders will shut to cattle in a lumpy skin outbreak, experts warn \| Farm Online \| ACT](https://feedsoft.ai/events/42217-borders-will-shut-to-cattle-in-a-lumpy-skin-outbreak-experts-warn-farm-online.md) | -0.7% | +1.3% |
| LCATTLE | 2022-05-20 | [Grain sector cautions of FMD fallout \| Farm Online \| ACT](https://feedsoft.ai/events/41373-grain-sector-cautions-of-fmd-fallout-farm-online-act.md) | -0.4% | +1.5% |
| LCATTLE | 2019-01-15 | [Foot and mouth outbreak to impact beef exports - Moneyweb](https://feedsoft.ai/events/61044-foot-and-mouth-outbreak-to-impact-beef-exports-moneyweb.md) | +0.5% | +1.5% |
| LCATTLE | 2020-03-28 | [Coronavirus hits already struggling US farmers with drop in prices](https://feedsoft.ai/events/7966-coronavirus-hits-already-struggling-us-farmers-with-drop-in-prices.md) | -2.5% | -14.0% |
| LCATTLE | 2022-08-01 | [The battlefronts facing the live cattle trade \| Farm Online \| ACT](https://feedsoft.ai/events/39975-the-battlefronts-facing-the-live-cattle-trade-farm-online-act.md) | +0.1% | +3.6% |
| FCATTLE | 2022-03-29 | [Borders will shut to cattle in a lumpy skin outbreak, experts warn \| Farm Online \| ACT](https://feedsoft.ai/events/42217-borders-will-shut-to-cattle-in-a-lumpy-skin-outbreak-experts-warn-farm-online.md) | +1.5% | +0.1% |
| FCATTLE | 2020-04-02 | [Why beef prices are up and cattle prices are down](https://feedsoft.ai/events/6286-why-beef-prices-are-up-and-cattle-prices-are-down.md) | +2.1% | +1.5% |
| FCATTLE | 2026-06-01 | [Expansion of Foot-and-Mouth Disease and African Swine Fever Continues to Raise Global Concerns - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info](https://feedsoft.ai/events/15901-expansion-of-foot-and-mouth-disease-and-african-swine-fever-continues-to-raise.md) | +1.6% | +5.5% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/7772653/frenetic-cattle-buying-starting-to-ease/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.