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Australia's live export industry faces a challenging 2019 as Labor pledges to phase out live sheep exports and final recommendations from the ASEL review are due, with draft proposals including lower stocking densities and longer quarantine periods. Trade supporters fear the rules could effectively end the trade.
Tighter live export rules could reduce Australian cattle shipments to Indonesia, shifting supply toward domestic processing and affecting feeder cattle prices.
beefcentral.comJames NasonJan 18, 2019After 28 past neutral policy events, Feeder Cattle moved a median +0.2% over 5 sessions (61% higher; middle half -0.6% to +0.8%), and +0.8% 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.
