# Global cattle pricing update October 2026 - Episode 3

> In October, heavy steer prices rose 5% in Australia to 471 Australian cents/kg live weight, while US and Brazilian prices each gained 2%; Argentine prices slipped 1%. The report attributes continuing US price support to tight cattle supplies after drought-driven herd liquidation, while Australian cattle remain considerably cheaper than US cattle.

- Date: 2026-11-08 · published 2026-11-09T09:07:59.790Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/89106-global-cattle-pricing-update-october-2026-episode-3
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Restricted US cattle supplies support US livestock prices and offer Australian beef exporters a competitive price advantage. Stronger Australian prices narrow that advantage somewhat, but Australia remains at a substantial discount to the US.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- episode3.net: https://episode3.net/livestock/global-cattle-pricing-update-ocotober-2026/

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