# Cattle prices set to fall 8pc in 2018-19: ABARES - Beef Central

> ABARES forecasts Australian cattle prices will fall 8 percent in 2018-19 as the herd expands for a third year to 27.8 million head. Chilled beef export prices are expected to fall 4 percent on weaker Japanese demand, while frozen beef prices are forecast to rise 3 percent on tighter US cattle supplies.

- Date: 2018-06-18 · published 2018-06-18T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/64469-cattle-prices-set-to-fall-8pc-in-2018-19-abares-beef-central
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A larger Australian herd and stronger US frozen beef demand shift global beef trade flows, with more Australian beef competing in markets that US product supplies.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-06-15 | [Cattle prices to rise as production, exports fall: ABARES - Beef Central](https://feedsoft.ai/events/52571-cattle-prices-to-rise-as-production-exports-fall-abares-beef-central.md) | -4.3% | -5.9% |
| LCATTLE | 2022-07-30 | [Beef prices set to surge further as farmers sell off cattle herds \| Fox Business](https://feedsoft.ai/events/40628-beef-prices-set-to-surge-further-as-farmers-sell-off-cattle-herds-fox-business.md) | +0.1% | +3.6% |
| LCATTLE | 2022-08-23 | [Beef herd contraction supports cattle prices \| Capital Press](https://feedsoft.ai/events/39971-beef-herd-contraction-supports-cattle-prices-capital-press.md) | -0.6% | +0.3% |
| LCATTLE | 2024-02-16 | [Tight Supplies Expected to Boost Cattle and Hog Prices in 2024](https://feedsoft.ai/events/31615-tight-supplies-expected-to-boost-cattle-and-hog-prices-in-2024.md) | -0.2% | +2.1% |
| LCATTLE | 2021-09-14 | [U.S. beef cattle: Numbers down, prices up](https://feedsoft.ai/events/45199-u-s-beef-cattle-numbers-down-prices-up.md) | -0.2% | +0.6% |
| FCATTLE | 2022-07-30 | [Beef prices set to surge further as farmers sell off cattle herds \| Fox Business](https://feedsoft.ai/events/40628-beef-prices-set-to-surge-further-as-farmers-sell-off-cattle-herds-fox-business.md) | +0.5% | +2.0% |
| FCATTLE | 2022-08-23 | [Beef herd contraction supports cattle prices \| Capital Press](https://feedsoft.ai/events/39971-beef-herd-contraction-supports-cattle-prices-capital-press.md) | -0.8% | -1.4% |
| FCATTLE | 2024-02-16 | [Tight Supplies Expected to Boost Cattle and Hog Prices in 2024](https://feedsoft.ai/events/31615-tight-supplies-expected-to-boost-cattle-and-hog-prices-in-2024.md) | +3.0% | +0.9% |

## Sources

- beefcentral.com: https://www.beefcentral.com/news/cattle-prices-set-for-fall-8pc-in-2018-19/

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