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South Africa's foot-and-mouth disease status has been temporarily suspended by the World Organisation for Animal Health after FMD was found in the Vhembe District of Limpopo. Neighbouring countries including Namibia, Botswana, Zambia, Zimbabwe and Swaziland have banned South African red meat exports.
Regional export bans cut demand for South African beef and push local meat prices lower, while the disease risk adds uncertainty to livestock trade across southern Africa.
moneyweb.co.zaArabile Gumede, Nastassia ArendseJan 15, 2019After 70 past bearish disease events, LCATTLE moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.0%), and +0.4% 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.
