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Young cattle, feeder steer values likely to rise by mid-year, analysts say

A PANEL of six independent meat and livestock industry analysts have predicted that Australian young cattle and feeder steer values will rise about 6pc from current levels by mid-year.

As part of its 2023 Industry Projections briefing held on Thursday, Meat & Livestock Australia presented a series of forecasts for feeder steers and young cattle made by a group of analysts and economists. MLA said it was not its role to predict livestock prices, deferring the work to independent analysts.

Contributors to the project included Matt Dalgleish from Episode 3, ABARES, Mercado, NAB Agribusiness,…

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