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Nigerian cattle prices have risen over 25% in the past year, with a cow now selling for N75,000 to N80,000 compared with N45,000 to N50,000 a year earlier. Boko Haram violence, desertification and transport costs are constraining supply.
Tight cattle supply and high costs in Nigeria sustain regional meat prices, though the local market has limited direct effect on global feed or livestock futures.
guardian.ngAnthonyApr 8, 2018After 123 past weather events, Live Cattle moved a median +0.1% over 5 sessions (54% higher; middle half -0.7% to +1.1%), and +0.7% over 20.
After 134 past weather events, Feeder Cattle moved a median +0.3% over 5 sessions (57% higher; middle half -1.3% to +2.2%), and +1.2% 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.
