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Australian Agriculture Minister Bridget McKenzie and MP Michelle Landry stressed the biosecurity risks to the northern beef herd from diseases such as foot and mouth disease, screw worm fly and rabies in nearby countries. They cited sentinel cattle herds tested for exotic diseases across the top end, Papua New Guinea and Timor Leste.
Heightened biosecurity focus signals protection of Australia's disease-free status, which underpins its export access and cattle prices. An outbreak in the region would disrupt beef and live cattle trade flows.
nationaltribune.com.auAug 15, 2019After 69 past neutral disease events, Live Cattle moved a median -0.1% over 5 sessions (42% higher; middle half -0.8% to +0.6%), and +0.9% 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.
