Livestock prices are falling. Is fear of foot-and-mouth disease to blame?

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Livestock prices are falling. Is fear of foot-and-mouth disease to blame?
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ANALYSIS: Livestock prices are falling. Is fear of foot-and-mouth disease to blame?

Livestock prices were already sliding from their record highs, but there is enough evidence to suggest they have now been pushed lower by FMD fear.

"Buyer confidence has just dissipated over the last three or four weeks and it matches very much with the headlines around FMD." Meat & Livestock Australia chief executive Jason Strong issued a statement on Friday and, reading between the lines, you could sense his level of frustration with FMD speculation.

At a field day in the Victoria River District of the Northern Territory this week, local cattle producers were given a revised update on the probability of a disease outbreak.to alleviate concerns and get the facts.

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