# What you need to know from ABARES’ Outlook 2018 | ACT

> ABARES' Outlook 2018 forecasts Australian farm gross value to drop 5% to $59 billion this financial year because of poor global grain prices and a stressed harvest. Saleyard cattle prices are forecast to fall 15% on strong international beef competition.

- Date: 2018-03-06 · published 2018-03-06T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/65950-what-you-need-to-know-from-abares-outlook-2018-act
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower Australian cattle prices and weaker grain output reduce local feed demand and availability for Asian and domestic buyers.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2019-03-05 | [What you need to know from ABARES’ Outlook 2019 \| NSW](https://feedsoft.ai/events/60043-what-you-need-to-know-from-abares-outlook-2019-nsw.md) | +0.2% | -1.6% |
| 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 | 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% |
| LCATTLE | 2018-02-02 | [CattleFax Outlook: Cattle profitability remains for 2018](https://feedsoft.ai/events/66628-cattlefax-outlook-cattle-profitability-remains-for-2018.md) | -0.5% | -0.7% |
| FCATTLE | 2019-03-05 | [What you need to know from ABARES’ Outlook 2019 \| NSW](https://feedsoft.ai/events/60043-what-you-need-to-know-from-abares-outlook-2019-nsw.md) | +0.8% | +3.0% |
| 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

- farmonline.com.au: https://www.farmonline.com.au/story/5268426/all-you-need-to-know-from-abares-outlook-2018/

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