# Beef and veal | Agricultural Commodities

> An Australian agricultural commodities report forecasts beef and veal gross value to fall 9% to $14.6 billion in 2022-23. Lower cattle prices and reduced live exports are expected as restocking graziers pay less, with Indonesian FMD uncertainty weighing on demand.

- Date: 2022-09-01 · published 2022-09-01T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/39529-beef-and-veal-agricultural-commodities
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower Australian cattle prices and weaker Indonesian feedlot demand point to softer global beef and feeder cattle values in the coming year.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2019-04-18 | [Beef Market Update: USDA Cattle on Feed, calving season, and dry pasture conditions on the Prairies - RealAgriculture](https://feedsoft.ai/events/5962-beef-market-update-usda-cattle-on-feed-calving-season-and-dry-pasture.md) | -0.3% | -8.9% |
| LCATTLE | 2022-09-07 | [China: Livestock and Products Annual \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/39526-china-livestock-and-products-annual-usda-foreign-agricultural-service.md) | -0.2% | +0.4% |
| LCATTLE | 2016-09-02 | [Commodities: Gasoline drops for Labor Day](https://feedsoft.ai/events/8590-commodities-gasoline-drops-for-labor-day.md) | -1.8% | -6.1% |
| LCATTLE | 2018-04-09 | [Steady growth forecast for Australian food commodities, ABARES \| Australian Food News](https://feedsoft.ai/events/65461-steady-growth-forecast-for-australian-food-commodities-abares-australian-food.md) | +0.1% | -1.7% |
| LCATTLE | 2023-12-22 | [Commodities Overview Dec 2023 Edition - ADM Investor Services](https://feedsoft.ai/events/11285-commodities-overview-dec-2023-edition-adm-investor-services.md) | +0.7% | +2.7% |
| FCATTLE | 2019-04-18 | [Beef Market Update: USDA Cattle on Feed, calving season, and dry pasture conditions on the Prairies - RealAgriculture](https://feedsoft.ai/events/5962-beef-market-update-usda-cattle-on-feed-calving-season-and-dry-pasture.md) | -1.2% | -7.6% |
| FCATTLE | 2023-12-22 | [Commodities Overview Dec 2023 Edition - ADM Investor Services](https://feedsoft.ai/events/11285-commodities-overview-dec-2023-edition-adm-investor-services.md) | +0.3% | +4.2% |
| FCATTLE | 2017-02-13 | [Cattle Industry Still in Expansion Mode, at Least for Now - Center for Commercial Agriculture](https://feedsoft.ai/events/72633-cattle-industry-still-in-expansion-mode-at-least-for-now-center-for-commercial.md) | +1.6% | +5.3% |

## Sources

- search.informit.org: https://search.informit.org/doi/10.3316/informit.700109594491925

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