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A closure of a livestock tick-treatment facility at Kirra, on the Queensland-NSW border, was reported as a COVID-related border measure. Local graziers worry that weakened cattle tick controls could allow Queensland cattle tick to spread into NSW.
Cattle tick is a local animal health issue with little effect on global feed or livestock prices. Any spread would affect regional herd health rather than commodity supply.
theland.com.auJamie BrownJul 28, 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.
