# Australian cattle prices surge 5pc as global race shifts

> Australian heavy steer prices rose 5 per cent in October to 471 cents per kilogram live weight, the strongest monthly gain among four major beef exporters tracked by EP3. US prices gained 2 per cent to 701c/kg, Brazil rose 2 per cent to 351c/kg, while Argentina eased 1 per cent to 446c/kg.

- Date: 2026-11-04 · published 2026-11-04T09:07:11.133Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/79458-australian-cattle-prices-surge-5pc-as-global-race-shifts
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tight US cattle supplies after drought-driven herd liquidation keep US prices high, widening Australia's competitive advantage in beef exports. Stronger Australian values support feeder and finished cattle markets, though the price data is a routine comparison rather than a new supply shock.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/9384418/australian-cattle-prices-surge-5pc-as-global-race-shifts/

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