# Grainfed trading budget result deteriorates, as slaughter prices soften

> Beef Central's 100-day grainfed trading budget moved to a forecast loss of $98 per head, $25 worse than the December budget. The result reflects a small lift in feeder steer prices to 340c/kg and an easing trend in grainfed slaughter cattle prices.

- Date: 2017-02-01 · published 2017-02-01T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/73125-grainfed-trading-budget-result-deteriorates-as-slaughter-prices-soften
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Rising feeder steer prices and softer slaughter prices squeeze feedlot margins in Australia. Weaker feedlot returns can reduce feeder demand and slow cattle placements.

## Sources

- beefcentral.com: https://www.beefcentral.com/lotfeeding/grainfed-trading-budget-result-deteriorates-as-slaughter-prices-soften/

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