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Namibia confirmed foot-and-mouth disease in 13 cattle from a herd of 657 in Kavango East on September 28, and authorities banned cloven-hoofed animal movements and suspended Namibia-Angola animal movement. The NCBA voiced concern about the threat to the US cattle industry.
A localized FMD outbreak in a non-US region has limited direct impact on US cattle prices, though it reinforces the risk of trade restrictions on beef.
dtnpf.comTodd NeeleyOct 8, 2020After 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.
