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Namibia's agriculture ministry will commission studies on the entire livestock sector. The ministry says uncontrolled exports of small stock to neighbouring countries threaten sustainability, because farmers prefer to export animals for better prices than local abattoirs offer.
Policy steps to limit livestock exports could change regional supply and prices, but the impact on global feed markets is small.
namibianfarming.comEvansOct 19, 2018After 166 past policy events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.9% to +1.2%), and +1.3% over 20.
After 79 past policy events, Feeder Cattle moved a median +0.3% over 5 sessions (56% higher; middle half -1.0% to +1.2%), 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.
