New Zealand makes effort to eradicate infected cattle from nation's herd.

After 22 past bullish disease events, Milk (Class III) moved a median -0.0% over 5 sessions (45% higher; middle half -0.9% to +0.5%), and -2.8% over 20.

• Nov 27, 2024Bird flu H5N1 outbreak in cattle and Canada infection worry scientists : Shots - Health News : NPR-4.5%
• Mar 25, 2024Dairy cattle in Texas, Kansas test positive for bird flu | AP News-0.4%
• Apr 4, 2023India's milk imports soar as disease hits local cattle stock | Reuters+3.1%
• Mar 26, 2024Avian influenza found in US dairy cattle | Agriculture Dive-0.5%
• Dec 20, 2024How America Lost Control of the Bird Flu, Setting the Stage for Another Pandemic - KFF Health News+0.2%

After 70 past bearish disease events, Live Cattle moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.0%), and +0.4% over 20.

• Apr 30, 2025United States and Mexico Reach Agreement to Resume Eradication Efforts on New World Screwworm+0.4%
• May 9, 2020Cattle Market Expectations for Fall Under COVID-19 - Northern Ag Network+4.3%
• Jun 17, 2022May cattle exports near 60,000 head - Beef Central+0.3%
• Mar 31, 2026USDA Eyes Phased Reopening of Southern Border to Mexican Feeder Cattle - RFD+3.8%
• Aug 8, 2025U.S. livestock: Cattle futures fall hard, hogs mixed - Grainews-1.4%