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NZ cow slaughter is running ahead of last year as compulsory culling of dairy cattle on Mycoplasma bovis-infected farms swells volumes. Over 11,000 cattle have been processed, and the ministry will decide by month-end whether to continue eradication.
Heavier cow slaughter weighs on NZ cattle and beef prices and adds dairy-cow supply, though the effect on global feed markets is limited.
businessdesk.co.nzTina MorrisonMay 14, 2018After 22 past neutral disease events, Milk (Class III) moved a median -0.1% over 5 sessions (41% higher; middle half -1.4% to +0.5%), and +0.2% 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.
