International livestock markets and the impact of animal disease

Abstract

Escalating and pervasive outbreaks of animal diseases are posing considerable challenges to livestock producers, industries, and policy-makers around the globe in a context of steadily rising demand for locally produced and imported livestock products. This paper reviews the factors and trends underpinning the growth in meat trade over the past decade and assesses the impact of animal diseases on international markets. The factors shaping the transmission of the impact of animal disease to global markets and back into domestic markets are identified and the potential global market impact of further animal disease outbreaks evaluated.