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Western Australia will keep its Johne's disease free status and not adopt the national framework that other states adopted in July 2016. WA will fund border controls, surveillance and eradication through its cattle industry levy, requiring interstate cattle to undergo testing before entry.
Divergent state rules fragment Australian cattle movements, a regional livestock-trade issue with little bearing on global feed or commodity prices.
beefcentral.comJames NasonFeb 22, 2017After 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.
