
Western Australian beef exporters are concerned after a large foot-and-mouth disease outbreak was confirmed in East Java, Indonesia, with more than 1,200 cases. The Australian government says the risk to Australia remains low.
An FMD outbreak close to Australia threatens live export demand and could trigger trade restrictions, which would weigh on cattle prices if it spread.
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.
After 46 past bearish disease events, Feeder Cattle moved a median +0.3% over 5 sessions (54% higher; middle half -2.3% to +1.6%), and +1.8% 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.