# Meatco | Meat Supplier | Wholesale | Retail | Brisbane | Queensland | Australian Beef Market Report October 2026: Record Cattle Prices and Tightening Supply

> 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.

- Date: 2026-11-02 · published 2026-11-02T12:07:20.018Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/75332-meatco-meat-supplier-wholesale-retail-brisbane-queensland-australian-beef
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

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.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- meatco.com.au: https://meatco.com.au/australian-beef-market-report-october-2026-record-cattle-prices-and-tightening-supply/

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