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Beefmaster Group's CEO welcomed a recently signed South African agriculture and agroprocessing master plan targeting R32bn in value chain growth and 72,000 new jobs. He argued the plan should include biosecurity and traceability measures.
The plan is a policy framework with long-term aims and no immediate supply or price effect on feed or livestock markets.
bizcommunity.comDawie Maree, Wandile Sihlobo, Vaughan Croeser, Wilene van Greunen, EverlyticJun 30, 2022After 166 past policy events, Live Cattle 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, Feeder Cattle 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.
