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Brazil's agriculture ministry expects to be recognized by the OIE as foot-and-mouth disease free with vaccination in 2018. A later step aims for FMD-free status without vaccination.
Brazilian beef remains banned in the US for other sanitary and quality reasons.
Recognition of Brazil's FMD status could widen beef export access and add supply to global markets over time. For US buyers, the near-term impact is limited because Brazilian beef is already banned.
wlj.netRae Price, WLJ editorDec 22, 2017After 69 past neutral disease events, Live Cattle moved a median -0.1% over 5 sessions (42% higher; middle half -0.8% to +0.6%), and +0.9% 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.
