# Domestic paddock feeder prices at record highs | Meat & Livestock Australia

> Eastern States paddock feeder steer and heifer indicators hit record highs, up 41% and 35% year on year. Competition between restockers and feeder buyers is tightening a smaller pool of young cattle, particularly in Queensland. Supply has shifted toward younger cattle as northern regions missed rainfall.

- Date: 2020-11-05 · published 2020-11-05T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/7935-domestic-paddock-feeder-prices-at-record-highs-meat-and-livestock-australia
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A tight young cattle supply and strong restocker demand keep feeder cattle prices elevated, raising feedlot costs for Australian feedlots and supporting store market values.

## Read by commodity

- FCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2018-08-22 | [US cattle herd expansion slowdown \| Meat & Livestock Australia](https://feedsoft.ai/events/63471-us-cattle-herd-expansion-slowdown-meat-and-livestock-australia.md) | +0.1% | +4.3% |
| FCATTLE | 2023-03-30 | [U.S. livestock: CME live cattle set contract high as cash prices jump - Grainews](https://feedsoft.ai/events/10373-u-s-livestock-cme-live-cattle-set-contract-high-as-cash-prices-jump-grainews.md) | +3.3% | +5.9% |
| FCATTLE | 2021-11-10 | [The Cycle of Drought, Cowherd Liquidation and Higher Feeder Cattle Prices](https://feedsoft.ai/events/44208-the-cycle-of-drought-cowherd-liquidation-and-higher-feeder-cattle-prices.md) | -1.4% | +3.5% |
| FCATTLE | 2020-02-14 | [Feeder cattle prices explode, as the restocker/lotfeeder challenge builds - Beef Central](https://feedsoft.ai/events/54724-feeder-cattle-prices-explode-as-the-restocker-lotfeeder-challenge-builds-beef.md) | +2.8% | -17.1% |
| FCATTLE | 2022-11-13 | [All Drought, No Cattle: Low herd supply may drive record-high prices next year](https://feedsoft.ai/events/38615-all-drought-no-cattle-low-herd-supply-may-drive-record-high-prices-next-year.md) | +2.2% | +3.8% |

## Sources

- mla.com.au: https://www.mla.com.au/prices-markets/market-news/2020/domestic-paddock-feeder-prices-at-record-highs/

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