UPDATE 1-Second New Zealand farm tests positive to cattle disease

Published 31/07/2017, 04:01 pm
© Reuters.  UPDATE 1-Second New Zealand farm tests positive to cattle disease

(Updates throughout)

WELLINGTON, July 31 (Reuters) - New Zealand's Primary Industries ministry said on Monday that a second dairy farm in the country's South Island has tested positive for the cattle disease mycoplasma bovis.

The farm was linked to the initial property where the disease - which does not infect humans or pose a food safety risk - was detected earlier this month in the world's biggest dairy exporter.

News of the country's first confirmed cases briefly knocked the New Zealand dollar last week given the importance of the cattle industry for the economy, but the currency NZD= showed little reaction to the latest discovery.

The second outbreak was at another farm in the Van Leeuwen Dairy Group, a large scale dairy business, and was not unexpected given the close connection between the two farms, the ministry said.

Restrictions on the movement of goods and cattle at all of the Van Leeuwen group's farms were sufficient to control the spread of the disease, which occurs when affected cows come in close contact with other cows, it said.

The disease can have a serious effect on the health of cattle and testing would continue on all farms in the group, as well as neighbouring farms.

Analysts had been concerned at the possibility of a knee-jerk reaction to news of the disease that could affect market access for New Zealand's diary products.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.