# Livestock prices tipped to fall as herd, flock rebuilds slow - Beef Central

> ABARES' June 2022 outlook forecasts Australian livestock prices to fall next financial year as herd and flock rebuilding slows. Beef export value is expected to drop to $9.4 billion and sheepmeat to $3.6 billion, with the beef herd expected to grow about 6%.

- Date: 2022-06-07 · published 2022-06-07T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/40868-livestock-prices-tipped-to-fall-as-herd-flock-rebuilds-slow-beef-central
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Expected herd growth and falling prices point to lower Australian cattle and lamb values, with rising production adding supply to export markets.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-04-22 | [Herd liquidation could keep lid on cattle prices \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/41787-herd-liquidation-could-keep-lid-on-cattle-prices-livestock-farmweeknow-com.md) | -1.3% | -4.0% |
| LCATTLE | 2018-12-10 | [African swine fever factors into cattle price forecast - Beef Central](https://feedsoft.ai/events/61523-african-swine-fever-factors-into-cattle-price-forecast-beef-central.md) | +1.1% | +5.5% |
| LCATTLE | 2021-04-09 | [Rising feed prices impact cattle markets \| Western Livestock Journal](https://feedsoft.ai/events/47743-rising-feed-prices-impact-cattle-markets-western-livestock-journal.md) | +0.6% | -3.2% |
| LCATTLE | 2017-11-22 | [Future prices depend on supply management \| Western Livestock Journal](https://feedsoft.ai/events/67924-future-prices-depend-on-supply-management-western-livestock-journal.md) | +0.9% | +0.8% |
| LCATTLE | 2018-07-25 | [Cattle on feed underpinning US beef exports \| Meat & Livestock Australia](https://feedsoft.ai/events/63963-cattle-on-feed-underpinning-us-beef-exports-meat-and-livestock-australia.md) | -0.6% | -0.6% |
| FCATTLE | 2022-04-22 | [Herd liquidation could keep lid on cattle prices \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/41787-herd-liquidation-could-keep-lid-on-cattle-prices-livestock-farmweeknow-com.md) | -1.6% | -2.7% |
| FCATTLE | 2021-04-09 | [Rising feed prices impact cattle markets \| Western Livestock Journal](https://feedsoft.ai/events/47743-rising-feed-prices-impact-cattle-markets-western-livestock-journal.md) | -4.8% | -11.3% |
| FCATTLE | 2017-11-22 | [Future prices depend on supply management \| Western Livestock Journal](https://feedsoft.ai/events/67924-future-prices-depend-on-supply-management-western-livestock-journal.md) | +2.6% | -6.5% |

## Sources

- beefcentral.com: https://www.beefcentral.com/markets/livestock-prices-tipped-to-fall-as-herd-flock-rebuilds-slow/

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