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Australian feeder cattle prices softened over the past fortnight, with southern Angus steers quoted 20-30c/kg lower. Feedlot buyers were quoting 400kg steers at 475-495c/kg, and southern areas are starting to need rain.
Northern Queensland has a strong season after recent floods.
Softer Australian feeder prices reflect seasonal supply and uneven dryness in the south. Dry conditions could tighten supply later, but current pressure is bearish for feeder values.
beefcentral.comEric BarkerFeb 2, 2026Not enough comparable past events yet for a historical read.
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.
