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USDA reported an atypical (L-type) BSE case in an eleven-year-old cow in Alabama, found through routine surveillance at a livestock market. The animal never entered slaughter channels.
A separate note says the EU-Japan agreement will gradually cut tariffs on EU beef and pork into Japan from about 2019.
The BSE case is unlikely to affect food supply but could prompt short-term trade caution, while the EU-Japan deal would erode U.S. beef share in a key export market over time.
u.osu.eduSmith atJul 19, 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.
