# Australia trade surplus nearly triples forecasts as gold imports dive in September

> Australia's seasonally adjusted trade surplus for September came in at A$2.83 billion, well above the A$940 million economists expected. The result was driven by a 34.7% fall in non-monetary gold imports, while rural exports rose 3.6% with meat exports up 11.3%.

- Date: 2026-11-05 · published 2026-11-05T06:08:58.795Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/81174-australia-trade-surplus-nearly-triples-forecasts-as-gold-imports-dive-in
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A stronger surplus supports the Aussie and reflects firm meat export volumes, which can tighten supply for livestock-linked feed markets; the effect on grain prices is limited.

## Read by commodity

- AUDUSD: bullish ▲
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-11-09 | [November 'WASDE' Report: Steady Cattle Prices Forecast; Corn Prices Lowered \| Cattle Range News](https://feedsoft.ai/events/33328-november-wasde-report-steady-cattle-prices-forecast-corn-prices-lowered-cattle.md) | -1.8% | -7.6% |
| LCATTLE | 2019-12-31 | [Ag producers see improved prices in November](https://feedsoft.ai/events/55595-ag-producers-see-improved-prices-in-november.md) | +1.8% | +0.0% |
| LCATTLE | 2022-03-11 | [Weekly global protein digest: Australia's beef herd recovering, HPAI, US dairy markets
						 \| The Cattle Site](https://feedsoft.ai/events/42221-weekly-global-protein-digest-australia-s-beef-herd-recovering-hpai-us-dairy.md) | +0.5% | +0.3% |
| LCATTLE | 2022-12-01 | [Reviewing the Tariff-Rate Quotas for U.S. Beef Imports \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/38169-reviewing-the-tariff-rate-quotas-for-u-s-beef-imports-usda-foreign-agricultural.md) | -0.3% | +1.5% |
| LCATTLE | 2018-10-11 | [Cattle futures mixed, watching direct cash trade develop - Brownfield Ag News](https://feedsoft.ai/events/62671-cattle-futures-mixed-watching-direct-cash-trade-develop-brownfield-ag-news.md) | +0.2% | +3.6% |

## Sources

- investing.com: https://www.investing.com/news/economic-indicators/australia-trade-surplus-nearly-triples-forecasts-as-gold-imports-dive-in-september-5001957

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