# What you need to know from ABARES’ Outlook 2019 | NSW

> ABARES expects 2018-19 Australian farm production to fall about 6% in volume and 4% in value to $58 billion, with the grain crop value down 11%. Cattle prices are forecast to fall 3% in 2019-20 as drought, higher global beef output and export competition weigh.

- Date: 2019-03-05 · published 2019-03-05T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/60043-what-you-need-to-know-from-abares-outlook-2019-nsw
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Expected weaker Australian cattle prices and higher global beef production add to competition in export markets, while poor pasture conditions limit herd rebuilding and feed demand.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-03-06 | [What you need to know from ABARES’ Outlook 2018 \| ACT](https://feedsoft.ai/events/65950-what-you-need-to-know-from-abares-outlook-2018-act.md) | -0.7% | -6.9% |
| LCATTLE | 2018-05-01 | [FEEDSTUFFS MEAT PRICE OUTLOOK: May 01, 2018](https://feedsoft.ai/events/4611-feedstuffs-meat-price-outlook-may-01-2018.md) | -7.4% | -13.3% |
| LCATTLE | 2017-09-19 | [FEEDSTUFFS MEAT PRICE OUTLOOK: September 19, 2017](https://feedsoft.ai/events/69064-feedstuffs-meat-price-outlook-september-19-2017.md) | +2.0% | +4.3% |
| LCATTLE | 2018-12-14 | [2019 Meat and Poultry Industry Economic Outlook: A mixed bag \| 2018-12-14  \| The National Provisioner](https://feedsoft.ai/events/61720-2019-meat-and-poultry-industry-economic-outlook-a-mixed-bag-2018-12-14-the.md) | +0.3% | +4.9% |
| LCATTLE | 2017-12-29 | [A Few Thoughts by John Nalivka: Big picture beef supply outlook for 2018 \| TSLN.com](https://feedsoft.ai/events/67601-a-few-thoughts-by-john-nalivka-big-picture-beef-supply-outlook-for-2018-tsln-com.md) | +0.3% | +0.4% |
| FCATTLE | 2018-03-06 | [What you need to know from ABARES’ Outlook 2018 \| ACT](https://feedsoft.ai/events/65950-what-you-need-to-know-from-abares-outlook-2018-act.md) | -2.0% | -10.1% |
| FCATTLE | 2018-05-01 | [FEEDSTUFFS MEAT PRICE OUTLOOK: May 01, 2018](https://feedsoft.ai/events/4611-feedstuffs-meat-price-outlook-may-01-2018.md) | -1.8% | +3.4% |
| FCATTLE | 2017-12-29 | [A Few Thoughts by John Nalivka: Big picture beef supply outlook for 2018 \| TSLN.com](https://feedsoft.ai/events/67601-a-few-thoughts-by-john-nalivka-big-picture-beef-supply-outlook-for-2018-tsln-com.md) | +0.7% | +1.0% |

## Sources

- theland.com.au: https://www.theland.com.au/story/5938005/what-you-need-to-know-from-abares-outlook-2019/

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