# Weekly cattle and sheep market wrap

> Rain reached parts of Australia, while cattle yardings rose 21% to 63,915 head and sheep and lamb yardings declined. Cattle indicators continued to rise, with the restocker yearling steer indicator up 6% on the week and heavy steers reaching another record, while most sheep and lamb indicators weakened.

- Date: 2026-11-06 · published 2026-11-06T15:08:09.547Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/84105-weekly-cattle-and-sheep-market-wrap
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Restricted processor cattle supply is supporting cattle prices, while higher yardings may moderate gains in some lines. Lower sheep and lamb indicators reflect weaker near-term market conditions for those categories.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- mla.com.au: https://www.mla.com.au/news-and-events/industry-news/6112026weekly-cattle-and-sheep-market-wrap/

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