
Northern Territory Cattlemen's Association president David Connolly warned at the NTCA conference in Darwin that Australia must do more to stop lumpy skin disease. Lumpy skin disease is now confirmed in Indonesia about 3,000 km away, raising the risk of windborne spread into Australia, and the federal government has committed $61.6 million in emergency biosecurity funding.
Risk of an Australian outbreak threatens export access for cattle, hides and dairy, which could depress Australian cattle prices if realised.
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.
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.
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.