# Foreign sales lose on price | Daily Liberal | Dubbo, NSW

> Commentary says Australian beef is losing price competitiveness in export markets after Costco shifted about 15,000 tonnes of Korean supply to US beef. It cites a 30 to 70 cents per pound price gap, US herd growth to 93.6 million head, and a 42 percent rise in US exports to Korea in 2016.

- Date: 2017-02-25 · published 2017-02-25T12:00:00.000Z
- Category: trade · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/72439-foreign-sales-lose-on-price-daily-liberal-dubbo-nsw
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A widening price gap favoring US beef in Korea shifts export demand away from Australian cattle and supports pressure on Australian cattle prices.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2019-03-22 | [Livestock Marketing Information Center explains dairy liquidation impacts on cull cow prices – Wyoming Livestock Roundup](https://feedsoft.ai/events/60228-livestock-marketing-information-center-explains-dairy-liquidation-impacts-on.md) | -0.6% | -0.9% |
| LCATTLE | 2018-03-23 | [U.S. livestock: CME hogs slump again on cash prices, trade war threat - Grainews](https://feedsoft.ai/events/66137-u-s-livestock-cme-hogs-slump-again-on-cash-prices-trade-war-threat-grainews.md) | -2.7% | -2.9% |
| LCATTLE | 2025-04-04 | [CME cattle, hogs dive by daily limits as China tariffs fuel sell-offs](https://feedsoft.ai/events/25256-cme-cattle-hogs-dive-by-daily-limits-as-china-tariffs-fuel-sell-offs.md) | -2.0% | +1.7% |
| LCATTLE | 2024-09-10 | [U.S. beef exports lower as cattle prices turn negative](https://feedsoft.ai/events/28245-u-s-beef-exports-lower-as-cattle-prices-turn-negative.md) | +0.3% | +4.5% |
| LCATTLE | 2025-11-07 | [Beef Market Update: Political noise and import talk weigh on cattle prices - RealAgriculture](https://feedsoft.ai/events/8354-beef-market-update-political-noise-and-import-talk-weigh-on-cattle-prices.md) | -0.4% | -2.5% |
| FCATTLE | 2018-03-23 | [U.S. livestock: CME hogs slump again on cash prices, trade war threat - Grainews](https://feedsoft.ai/events/66137-u-s-livestock-cme-hogs-slump-again-on-cash-prices-trade-war-threat-grainews.md) | -1.4% | -0.2% |
| FCATTLE | 2025-04-04 | [CME cattle, hogs dive by daily limits as China tariffs fuel sell-offs](https://feedsoft.ai/events/25256-cme-cattle-hogs-dive-by-daily-limits-as-china-tariffs-fuel-sell-offs.md) | -0.9% | +3.3% |
| FCATTLE | 2024-09-10 | [U.S. beef exports lower as cattle prices turn negative](https://feedsoft.ai/events/28245-u-s-beef-exports-lower-as-cattle-prices-turn-negative.md) | +1.5% | +4.7% |

## Sources

- dailyliberal.com.au: https://www.dailyliberal.com.au/story/4492259/foreign-sales-lose-on-price/

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