# PULSE: Bull farmers feel impact of lower prices

> New Zealand farm-gate bull prices are around NZ$5.00 to $5.50/kg, only marginally above the five-year average and softening before the main processing season. Weaker demand from China and competition from South American beef are weighing on export returns.

- Date: 2020-10-22 · published 2020-10-22T12:00:00.000Z
- Category: market · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/50587-pulse-bull-farmers-feel-impact-of-lower-prices
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Softer NZ beef export returns and cheaper South American supply weigh on global beef values, with limited direct impact on feed grain demand.

## Read by commodity

- LCATTLE: bearish ▼

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/pulse-bull-farmers-feel-impact-of-lower-prices/

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