
Indonesian slaughter steer prices rose above AUD 4 per kg for the first time since May 2017, supported by firm demand despite high cattle imports in July and August. Prices in China and Vietnam also moved higher, with China's rise linked to African swine fever.
Stronger Southeast Asian beef prices reflect tight regional supply and could support Australian cattle export demand, while African swine fever-driven pork shortfalls may lift beef demand as a substitute.
After 148 past bullish disease events, Live Cattle moved a median +0.4% over 5 sessions (62% higher; middle half -0.5% to +1.2%), and +1.4% over 20.
After 177 past bullish disease events, Lean Hogs moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.7%), 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.