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South Africa placed a temporary ban on livestock auctions in four provinces after a foot-and-mouth disease case was confirmed in Limpopo. Industry group TAU SA warned that the ban will raise red meat prices for consumers over the festive season.
Auction restrictions disrupt cattle marketing and movement, tightening local supply and supporting domestic red meat and cattle prices while the drought already squeezes herds.
farmersweekly.co.zaJeandré van der WaltNov 15, 2019After 148 past bullish disease events, Live Cattle moved a median +0.4% over 5 sessions (62% higher; middle half -0.5% to +1.2%), and +1.4% 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.
