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Chinese customs in Shijiazhuang completed 45 days of quarantine for 6,431 breeding cattle imported from Uruguay at Beidaihe port on November 19. The cattle are Angus and Hereford beef breeds for poverty relief programs in Gansu and Inner Mongolia.
Disease tests for foot-and-mouth disease and tuberculosis were conducted during quarantine.
This shipment adds to China's imports of beef cattle, but the number is small relative to market size. Its effect on global cattle prices is minimal.
english.customs.gov.cnDec 13, 2019After 288 past trade events, Live Cattle moved a median -0.1% over 5 sessions (48% higher; middle half -1.3% to +1.1%), and +1.0% over 20.
After 171 past trade events, Feeder Cattle moved a median +0.3% over 5 sessions (55% higher; middle half -1.3% to +1.8%), and +1.2% 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.
