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Bangladesh's fisheries and livestock minister says the government is working with Border Guard Bangladesh to stop cattle smuggling from neighbouring countries. He cites 2016-17 meat demand and production both at about 7.15 million tonnes.
Curbing smuggled cattle would support domestic livestock prices in Bangladesh, but the effect on international feed or commodity markets is negligible.
thebeefsite.comFeb 1, 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.
