# Global grain outlook | Meat & Livestock Australia

> MLA reports lot feeding margins are squeezed by higher feed grain prices, which has reduced numbers on feed. Feeder steer indicators rose 4% after recent rain, and ABARES expects world coarse grain prices to rise through 2021 as demand outstrips supply.

- Date: 2018-03-07 · published 2018-03-07T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/65951-global-grain-outlook-meat-and-livestock-australia
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Rising feed grain prices and strong feeder demand support cattle values while raising feedlot input costs.

## Read by commodity

- CORN: bullish ▲
- BARLEY: bullish ▲
- FCATTLE: bullish ▲

## Sources

- mla.com.au: https://www.mla.com.au/prices-markets/market-news/2018/global-grain-outlook/

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