# China’s coronavirus outbreak will impact beef and cattle trade - Beef Central

> Chinese authorities have confirmed 131 deaths and nearly 5,500 coronavirus cases, and travel restrictions and stay-at-home orders are keeping Chinese consumers from dining out. Australian exporters expect weaker beef demand in China, which took about 24% of Australian beef exports in 2019.

- Date: 2020-01-29 · published 2020-01-29T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/55036-china-s-coronavirus-outbreak-will-impact-beef-and-cattle-trade-beef-central
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A sharp drop in Chinese restaurant and retail demand would reduce import demand for beef and live cattle. That would pressure export prices and cattle values in exporting countries.

## Read by commodity

- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2019-01-15 | [Foot and mouth outbreak to impact beef exports - Moneyweb](https://feedsoft.ai/events/61044-foot-and-mouth-outbreak-to-impact-beef-exports-moneyweb.md) | +0.5% | +1.5% |
| LCATTLE | 2022-03-29 | [Borders will shut to cattle in a lumpy skin outbreak, experts warn \| Farm Online \| ACT](https://feedsoft.ai/events/42217-borders-will-shut-to-cattle-in-a-lumpy-skin-outbreak-experts-warn-farm-online.md) | -0.7% | +1.3% |
| LCATTLE | 2020-03-06 | [Analyst: Cattle markets roiled by the coronavirus](https://feedsoft.ai/events/5172-analyst-cattle-markets-roiled-by-the-coronavirus.md) | -4.7% | -5.8% |
| LCATTLE | 2022-03-27 | [The threat that has the northern cattle industry on high alert - Beef Central](https://feedsoft.ai/events/42222-the-threat-that-has-the-northern-cattle-industry-on-high-alert-beef-central.md) | -0.7% | +0.9% |
| LCATTLE | 2019-09-05 | [Kay’s Cuts: Abattoir fire strikes at heart of US cattle market - Beef Central](https://feedsoft.ai/events/6591-kay-s-cuts-abattoir-fire-strikes-at-heart-of-us-cattle-market-beef-central.md) | -2.1% | +3.2% |

## Sources

- beefcentral.com: https://www.beefcentral.com/news/chinas-coronavirus-outbreak-will-impact-beef-and-cattle-trade/

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