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South Africa's Department of Agriculture has reduced the foot-and-mouth disease zone in KwaZulu-Natal to two clusters. Industry representative Roelie van Reenen says the disease remains active and movement restrictions must continue.
Industry protocols have limited animal movement and helped contain spread.
Ongoing FMD restrictions in South Africa constrain domestic livestock movement and could affect regional meat and feed demand, though the impact on global grain and meal prices is limited.
bizcommunity.comWandile Sihlobo, Vincent Maher, Vaughan Croeser, Wilene van Greunen, EverlyticOct 4, 2021After 356 past disease events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -0.8% to +1.1%), and +1.1% over 20.
After 266 past disease events, Feeder Cattle moved a median +0.5% over 5 sessions (59% higher; middle half -1.1% to +1.7%), and +1.7% 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.
