# The impacts of COVID-19 on livestock and red meat markets | Meat & Livestock Australia

> Meat & Livestock Australia says drought-related rainfall shortages tightened Australian cattle and sheep supply, pushing livestock prices to records earlier this year. COVID-19 then disrupted red meat logistics and shifted consumption from food service to retail, moderating export buying competition.

- Date: 2020-05-01 · published 2020-05-01T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/53084-the-impacts-of-covid-19-on-livestock-and-red-meat-markets-meat-and-livestock
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tighter Australian supply supports cattle prices, but reduced export competition from COVID-19 demand shifts limits upside for beef and feeder cattle.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2022-10-31 | [Drought continues to impact timing of future marketings \| Ag Proud](https://feedsoft.ai/events/39290-drought-continues-to-impact-timing-of-future-marketings-ag-proud.md) | -0.0% | -0.6% |
| FCATTLE | 2022-05-26 | [Input Prices, Drought Impacting Cattle Markets](https://feedsoft.ai/events/41540-input-prices-drought-impacting-cattle-markets.md) | +11.9% | +11.6% |
| FCATTLE | 2022-12-23 | [Weather Pumps the Brakes on Feeder Calves \| Red River Farm Network](https://feedsoft.ai/events/38390-weather-pumps-the-brakes-on-feeder-calves-red-river-farm-network.md) | -0.1% | -2.7% |
| FCATTLE | 2019-11-25 | [Livestock Wx for 11-22-19: No El Niño, No La Niña, So What's Driving NOAA Outlooks? - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/55984-livestock-wx-for-11-22-19-no-el-nino-no-la-nina-so-what-s-driving-noaa-outlooks.md) | +2.1% | +3.1% |
| FCATTLE | 2021-03-12 | [Volatile feeder auction volumes in Oklahoma \| Western Livestock Journal](https://feedsoft.ai/events/48261-volatile-feeder-auction-volumes-in-oklahoma-western-livestock-journal.md) | +0.2% | +7.0% |
| LCATTLE | 2019-03-22 | [vDouglas: Weather outlooks shows continued El Niño around the world – Wyoming Livestock Roundup](https://feedsoft.ai/events/60010-vdouglas-weather-outlooks-shows-continued-el-nino-around-the-world-wyoming.md) | -0.6% | -0.9% |
| LCATTLE | 2022-05-26 | [Input Prices, Drought Impacting Cattle Markets](https://feedsoft.ai/events/41540-input-prices-drought-impacting-cattle-markets.md) | -0.2% | +2.7% |
| LCATTLE | 2023-08-07 | [El Niño: Anticipatory Action and Response Plan, August-December 2023 - Mitigating the expected impacts of El Niño-induced climate extremes on agriculture and food security - World \| ReliefWeb](https://feedsoft.ai/events/34472-el-nino-anticipatory-action-and-response-plan-august-december-2023-mitigating.md) | +0.4% | -0.8% |

## Sources

- mla.com.au: https://www.mla.com.au/news-and-events/industry-news/the-impacts-of-covid-19-on-livestock-and-red-meat-markets/

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