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Industry leaders from the National Pork Board and NCBA discussed how prepared US pork and beef sectors are for foreign animal disease outbreaks at a Colorado State University symposium. They highlighted AgView, a voluntary animal movement record system that producers can share with state veterinarians.
Preparedness discussions do not change near-term supply, but a foreign animal disease outbreak in the US would sharply cut demand and export access for pork and beef, pressuring hog and cattle prices.
porkbusiness.comFeb 10, 2021After 69 past neutral disease events, Lean Hogs moved a median -0.2% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -1.6% over 20.
After 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.
