# Shifting trends in feeder prices, grain costs, and days on feed

> Meat & Livestock Australia reports that feeder steer prices have fallen about 31% since January while feed wheat prices have risen about 16%. The national feeder steer price is around 250c/kg lwt and Darling Downs feed wheat is about $465/t.

- Date: 2023-10-01 · published 2023-10-01T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/34259-shifting-trends-in-feeder-prices-grain-costs-and-days-on-feed
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Feeder cattle and feed grain costs are moving in opposite directions, so feedlot margins are being squeezed and days on feed are expected to shorten. Lower feeder demand points to weaker feeder prices.

## Read by commodity

- FCATTLE: bearish ▼

## Sources

- mla.com.au: https://www.mla.com.au/news-and-events/industry-news/shifting-trends-in-feeder-prices-grain-costs-and-days-on-feed/

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