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USDA announced that an atypical BSE case was detected in an 11-year-old cow at an Alabama livestock market. The animal never entered slaughter channels and posed no risk to the food supply, and APHIS and Alabama officials are gathering more information.
The case is expected to be a non-event for cattle markets since atypical BSE is not linked to contaminated feed and the animal was not slaughtered, so price pressure should be minimal.
wlj.netWLJJul 19, 2017After 69 past neutral disease events, LCATTLE moved a median -0.1% over 5 sessions (42% higher; middle half -0.8% to +0.6%), and +0.9% over 20.
After 29 past neutral disease events, FCATTLE moved a median +0.6% over 5 sessions (62% higher; middle half -1.5% to +2.2%), and +1.0% 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.
