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Herders in western Uganda's cattle corridor have suffered heavy losses from drug-resistant blue and red ticks, with east coast fever and babesiosis causing many cattle deaths. Farmers suspect fake acaricides are contributing to resistance, and vaccination has been slow.
Regional livestock losses reduce local herd size and productivity, but the effect on global feed or commodity prices is minimal.
monitor.co.ugJun 30, 2017After 356 past disease events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -0.8% to +1.1%), and +1.1% over 20.
After 266 past disease events, Feeder Cattle moved a median +0.5% over 5 sessions (59% higher; middle half -1.1% to +1.7%), and +1.7% 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.
