◂ Event Timeline

Oct 11, 2020DISEASEIndia

Impact of lumpy skin disease on local economy

Lumpy skin disease has spread through cattle in northeastern India, causing emaciation, milk loss and infertility. The article links the outbreak to recent spread into China and Bangladesh.

WHY IT MATTERS

Reduced milk output and animal quality in India and neighboring markets can tighten local dairy and hide supply, with minimal effect on global feed grain prices.

AFFECTSMilk (Class III)▲

SOURCE
archive.arunachaltimes.inOct 11, 2020

Price reaction & history

Milk (Class III)▲bullishSO FAR1d +1.2%5d +2.2%20d +11.0%

After 22 past bullish disease events, Milk (Class III) moved a median -0.0% over 5 sessions (45% higher; middle half -0.9% to +0.5%), and -2.8% over 20.

Apr 4, 2023India's milk imports soar as disease hits local cattle stock | Reuters+3.1%
Sep 16, 2024Milk futures on the rise - Dairy Star+0.5%
Jul 26, 2022Foot-and-mouth disease: Impacts would go far beyond huge livestock losses - MPI report's warning - NZ Herald-0.0%
Dec 20, 2024How America Lost Control of the Bird Flu, Setting the Stage for Another Pandemic - KFF Health News+0.2%
May 8, 2024Bird Flu Outbreak in Dairy Cows Is Widespread, Raising Public Health Concerns | Infectious Diseases | JAMA | JAMA Network+2.1%

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.

Milk (Class III) MILK · GP ▸

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