# Signs of a cattle market turnaround | Farm Online | ACT

> Australian cattle prices have fallen about 18% since early June as more animals reached market and restocker demand eased. Some signs suggest the flow of cattle may be easing and prices may be near a turning point. Commonwealth Bank analysts expect a stronger rebound once seasonal rain arrives in northern Australia.

- Date: 2017-08-29 · published 2017-08-29T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/69400-signs-of-a-cattle-market-turnaround-farm-online-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 reduce the cost of imported beef and can weigh on global beef pricing. A recovery later would depend on rainfall and herd rebuilding.

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/4888168/signs-of-a-cattle-market-turnaround/

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