# Feeder cattle market: EU premium kicks in as deforestation deadline nears

> Feeder cattle prices in Queensland and New South Wales rose 10-20c/kg after last week's rain disrupted supply. EU-compliant Angus steers are trading at a further 10c/kg premium ahead of EU deforestation import rules that start December 30 and require GPS coordinates.

- Date: 2024-09-01 · published 2024-09-01T12:00:00.000Z
- Category: policy · region Australia · magnitude low
- Page: https://feedsoft.ai/events/28929-feeder-cattle-market-eu-premium-kicks-in-as-deforestation-deadline-nears
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

The EU deforestation rules create a traceability premium for compliant cattle, which tightens supply of eligible feeder steers. Higher feeder costs raise the cost of feeding Australian beef cattle for export.

## Read by commodity

- FCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2025-01-19 | [More Action Needed By Mexico Before Reopening Border for Feeder Cattle Imports, Says Vilsack - Drovers](https://feedsoft.ai/events/26448-more-action-needed-by-mexico-before-reopening-border-for-feeder-cattle-imports.md) | +2.3% | -1.4% |
| FCATTLE | 2022-04-18 | [NCBA renews call for suspension of Brazilian beef imports - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/41785-ncba-renews-call-for-suspension-of-brazilian-beef-imports-progressive-cattle-ag.md) | -0.2% | -0.2% |
| FCATTLE | 2023-10-20 | [As new beef packers continue to build, cattle herd continues to shrink \| Western Livestock Journal](https://feedsoft.ai/events/10313-as-new-beef-packers-continue-to-build-cattle-herd-continues-to-shrink-western.md) | -1.2% | -5.8% |
| FCATTLE | 2026-07-31 | [Volatile markets adjust to border reopening and tight inventory \| Beef Market Update July 31, 2026 - RealAgriculture](https://feedsoft.ai/events/18479-volatile-markets-adjust-to-border-reopening-and-tight-inventory-beef-market.md) | +0.5% | -3.7% |
| FCATTLE | 2022-06-03 | [Pete's Comments: Markets are moving \| Western Livestock Journal](https://feedsoft.ai/events/7264-pete-s-comments-markets-are-moving-western-livestock-journal.md) | +1.8% | +0.9% |

## Sources

- beefcentral.com: https://www.beefcentral.com/lotfeeding/feeder-cattle-market-eu-premium-kicks-in-as-deforestation-deadline-nears/

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