Loading…
Australian cattle prices strengthened in October 2026 as widespread rainfall led producers to retain livestock, reducing cattle availability. MLA data showed processor cow prices reaching record levels and the National Processor Cow Indicator hitting 407 cents per kg liveweight, while Feeder Steer Indicator rose about 11% to 547 cents per kg.
Tighter Australian cattle supply supports higher beef and feeder cattle values, which can lift prices for beef-related feed inputs and signal firmer livestock markets for feed buyers. The effect on global feed grain demand is limited.
meatco.com.auMeatco AdminNov 2, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
