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South Africa's agriculture department reported no new foot-and-mouth disease cases in the Limpopo management area for ten weeks. Movement controls remain in place, and trade has resumed for commodities the OIE considers safe.
Containment and resumed trade ease pressure on South African livestock and meat supply chains. The news has little direct effect on global grain or feed prices.
sanews.gov.zaApr 18, 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.
