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China's customs banned imports of cattle and cattle products from Laos on 22 July 2021 to prevent spread of lumpy skin disease. Laos had reported its first outbreaks of the disease earlier that month.
Laos is a small cattle supplier to China, so the direct trade effect is minor. The ban reflects growing regional lumpy skin disease risk that could tighten Asian beef and cattle supply.
thebeefsite.comGlobal Ag MediaJul 21, 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.
