# US cattle prices outpace Australia, South America | Meat & Livestock Australia

> US fed cattle prices have kept strengthening in 2017, averaging 20% above the Australian heavy steer indicator and pulling away from South American prices. Part of the rise reflects seasonal grilling demand and speculation about trade disruption with Mexico and NAFTA.

- Date: 2017-05-02 · published 2017-05-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7070-us-cattle-prices-outpace-australia-south-america-meat-and-livestock-australia
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A widening US price premium draws imports and export competition in Japan, Korea and other markets, and speculative trade risk could add volatility to US cattle prices.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- mla.com.au: https://www.mla.com.au/prices-markets/market-news/2017/us-cattle-prices-outpace-australia-south-america/

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