# Feeder cattle market: Prices ending 2024 on higher note

> Australian feeder cattle prices rose about 10c/kg over the past fortnight as rain disrupted supplies in Queensland and New South Wales. Saleyard prices moved higher as buyers competed for cattle to fill gaps, while lotfeeders showed reluctance to take on extra cattle due to tight margins.

- Date: 2025-01-01 · published 2025-01-01T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/27086-feeder-cattle-market-prices-ending-2024-on-higher-note
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Rain-related supply disruption tightens Australian feeder supplies and lifts prices, while tight lotfeeder margins may limit feedlot placements and feed demand.

## Read by commodity

- FCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2022-08-09 | [Coping with high feed prices, drought in 2022
						 \| The Cattle Site](https://feedsoft.ai/events/40182-coping-with-high-feed-prices-drought-in-2022-the-cattle-site.md) | -0.7% | +1.6% |
| FCATTLE | 2021-11-10 | [The Cycle of Drought, Cowherd Liquidation and Higher Feeder Cattle Prices](https://feedsoft.ai/events/44208-the-cycle-of-drought-cowherd-liquidation-and-higher-feeder-cattle-prices.md) | -1.4% | +3.5% |
| FCATTLE | 2024-05-21 | [Klassen: Demand for grass cattle pushes feeder market higher - Manitoba Co-operator](https://feedsoft.ai/events/6977-klassen-demand-for-grass-cattle-pushes-feeder-market-higher-manitoba-co-operator.md) | +7.3% | +5.4% |
| FCATTLE | 2023-03-27 | [Spring Moisture Drives Feeder Cattle Contracts Higher](https://feedsoft.ai/events/5596-spring-moisture-drives-feeder-cattle-contracts-higher.md) | +5.9% | +6.8% |
| FCATTLE | 2019-01-11 | [Cattle Current Weekly Highlights-Week ending Jan. 11, 2019 – Cattle Current Market Update](https://feedsoft.ai/events/61216-cattle-current-weekly-highlights-week-ending-jan-11-2019-cattle-current-market.md) | -3.6% | -1.8% |

## Sources

- beefcentral.com: https://www.beefcentral.com/lotfeeding/feeder-cattle-market-prices-ending-2024-on-higher-note/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.