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New Zealand farmers are continuing livestock trade between islands despite the Mycoplasma bovis outbreak. Infected properties have risen to 300 under movement controls, and 75% of confirmed cases are in the South Island.
Disease restrictions on cattle movement constrain New Zealand supply and could tighten regional beef and dairy-cattle markets, though the global price effect is small.
farmersweekly.co.nzAnnette ScottOct 31, 2019After 356 past disease events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -0.8% to +1.1%), and +1.1% over 20.
After 266 past disease events, Feeder Cattle moved a median +0.5% over 5 sessions (59% higher; middle half -1.1% to +1.7%), and +1.7% 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.
