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US feedlots and the NCBA are questioning fresh beef imports from Brazil after two human CJD cases and two atypical BSE cases were detected there. The NCBA has asked USDA to suspend imports pending a risk review of Brazil's disease detection system.
A suspension of Brazilian fresh beef would tighten US beef supply and could support domestic cattle prices, though no action has been taken yet.
dtnpf.comShayLe StewartNov 19, 2021After 69 past neutral disease events, Live Cattle moved a median -0.1% over 5 sessions (42% higher; middle half -0.8% to +0.6%), and +0.9% 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.
