# Scomo swoops into Beef21 with $371m budget reveal – The Country Caller

> Australian Prime Minister Scott Morrison announced a $371 million biosecurity package at the BEEF21 event to guard against African swine fever, khapra beetle and foot and mouth disease. The funding adds to a government biosecurity spend of $1.25 billion since October 2020.

- Date: 2021-05-04 · published 2021-05-04T12:00:00.000Z
- Category: policy · region Australia · magnitude low
- Page: https://feedsoft.ai/events/47033-scomo-swoops-into-beef21-with-371m-budget-reveal-the-country-caller
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Stronger border protection lowers the risk of an exotic disease outbreak that could disrupt Australian livestock exports and domestic supply, which is a supportive background factor for cattle values.

## Read by commodity

- HOGS: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2021-06-17 | [Explainer: How four big companies control the U.S. beef industry](https://feedsoft.ai/events/46714-explainer-how-four-big-companies-control-the-u-s-beef-industry.md) | +1.2% | +0.4% |
| LCATTLE | 2021-11-17 | [EU aims to curb deforestation with beef and coffee import ban \| Deforestation \| The Guardian](https://feedsoft.ai/events/44102-eu-aims-to-curb-deforestation-with-beef-and-coffee-import-ban-deforestation-the.md) | +2.0% | +4.4% |
| LCATTLE | 2022-02-16 | [The Price of Beef and the Price of Cattle \| Feedlot Special \| feedlotmagazine.com](https://feedsoft.ai/events/42825-the-price-of-beef-and-the-price-of-cattle-feedlot-special-feedlotmagazine-com.md) | +1.0% | -1.5% |
| LCATTLE | 2025-06-18 | [Country risk classification under the EUDR and its impact on implementation - Cecafé](https://feedsoft.ai/events/24245-country-risk-classification-under-the-eudr-and-its-impact-on-implementation.md) | -1.2% | -0.3% |
| LCATTLE | 2019-09-24 | [What’s the relationship between U.S. and Canada feeder cattle?](https://feedsoft.ai/events/57033-what-s-the-relationship-between-u-s-and-canada-feeder-cattle.md) | +2.8% | +8.3% |
| HOGS | 2022-12-28 | [NDRC in coordination with Chinese farmers to stabilise supply - European Pork \| European Pork, the Smart Choice](https://feedsoft.ai/events/38236-ndrc-in-coordination-with-chinese-farmers-to-stabilise-supply-european-pork.md) | -5.4% | -12.7% |
| HOGS | 2021-10-01 | [Biden v Big Meat: Can the US tackle rising beef prices?](https://feedsoft.ai/events/44702-biden-v-big-meat-can-the-us-tackle-rising-beef-prices.md) | -1.1% | -14.9% |
| HOGS | 2021-07-09 | [USDA Announces $500 Million for Expanded Meat & Poultry Processing Capacity as Part of Efforts to Increase Competition, Level the Playing Field for Family Farmers and Ranchers, and Build a Better Food System \| USDA](https://feedsoft.ai/events/46061-usda-announces-500-million-for-expanded-meat-and-poultry-processing-capacity-as.md) | +1.9% | +0.5% |

## Sources

- countrycaller.com.au: https://countrycaller.com.au/2021/05/04/scomo-swoops-into-beef21-with-371m-budget-reveal/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.