
Indonesian beef prices have surged, which a veterinary expert at Universitas Airlangga attributes to Australia restricting live cattle exports to Indonesia while its herd recovers, and to Lumpy Skin Disease detected in Riau Province. He also flagged the risk of the disease spreading via insect vectors on livestock ships.
Reduced Australian live cattle supply to Indonesia tightens feeder and beef supply in Southeast Asia, supporting higher regional beef prices and Australian cattle prices.
After 148 past bullish disease events, Live Cattle moved a median +0.4% over 5 sessions (62% higher; middle half -0.5% to +1.2%), and +1.4% over 20.
After 122 past bullish disease events, Feeder Cattle moved a median +0.4% over 5 sessions (60% higher; middle half -1.0% to +1.6%), and +2.0% 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.