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Widespread rainfall restricted cattle availability in northern Australia in October, with Queensland’s Cattle Yarding Index falling from 85% in September to 29% in October. Restocker and feedlot competition strengthened cattle prices, while saleyard activity increased in South Australia and Victoria and slaughter activity varied across states.
Rain-disrupted movements and fewer northern cattle offerings tighten nearby supply, while stronger restocker and feedlot competition supports prices. Reduced slaughter in some regions may also constrain beef availability.
farmonline.com.auMatt DalgleishNov 6, 2026After 80 past bullish weather events, Live Cattle moved a median +0.1% over 5 sessions (54% higher; middle half -0.8% to +1.3%), and +0.7% over 20.
After 79 past bullish weather events, Feeder Cattle moved a median +0.1% over 5 sessions (53% higher; middle half -1.4% to +1.7%), and +1.4% over 20.
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.
