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The Meatco 2020 annual report shows that only 35.7% of Namibia's 2.7 million cattle are south of the veterinary cordon fence, which is the only area with access to lucrative export markets. Northern cattle face foot-and-mouth restrictions that limit their access to the EU.
Namibian beef pricing is split by disease zone, and the limited northern access keeps regional supply constrained, which has little direct effect on global feed or grain prices.
namibian.com.naThe NamibianApr 26, 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.
