Cattle Market Summary – 26 October 2026
Previous Close Cattle Markets Summary
Cattle markets were generally stronger across New South Wales and Western Australia, with reduced supply and solid buyer competition lifting prices, while Victoria recorded a mixed result as cows improved but bulls eased.
The trends appear to be:
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Reduced yardings and strong restocker demand supported dearer markets in NSW.
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Yearling steers, light cattle and cows recorded notable improvements.
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Victoria remained mixed, with most cattle firm but bulls easing.
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Western Australia strengthened for local cattle, while pastoral results varied with quality and condition.
New South Wales
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Forbes: A reduced yarding met a dearer market, with yearling steers, cows and heifers all improving amid steady buyer competition.
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Tamworth: Improved quality and strong competition from major buyers lifted yearling feeder steers and cows.
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Wagga: Significantly reduced supply and strong restocker demand supported a mostly dearer market, with light steers and trade cattle improving while heavy cows remained firm to dearer.
Summary: NSW markets strengthened broadly on tighter supply and solid restocker, feedlot and processor competition.
Victoria
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Mortlake: Bullocks, grown steers and trade cattle held firm, cows improved slightly, while most bulls eased.
Summary: Victoria was mixed, with stronger cow prices offset by softer bull values.
Western Australia
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Muchea: The market strengthened for local cattle, with most categories and bulls improving, while pastoral cattle prices varied according to condition and quality.
Summary: Western Australia recorded stronger demand for local cattle, while pastoral results remained quality-driven.
National Summary
Cattle markets were generally stronger, led by New South Wales, where reduced supply and strong restocker, feedlot and processor competition lifted prices across several categories. Western Australia also improved for local cattle, although pastoral stock remained variable. Victoria was more mixed, with cows strengthening, most prime cattle holding firm and bulls easing.
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Cattle yardings & reports
Queensland
- No Reports
New South Wales
- Forbes cattle report: Yarding: 1,922, (-361) Reduced yarding of 1,922 cattle met a dearer market, with yearling steers lifting 10–15c/kg, cows rising 8–12c/kg and heifers also selling dearer amid steady buyer competition. Full report available here
- TRLX Tamworth cattle report: Yarding: 1,245, (-638) Tamworth’s reduced yarding of 1,245 cattle met a dearer market on improved quality, with yearling feeder steers lifting 50c/kg and cows rising 20c/kg amid strong competition from all major buyers. Full report available hereÂ
- Wagga cattle report: Yarding: 3,320, (-1,075) Significantly reduced supply and strong restocker demand supported a mostly dearer market, with light steers lifting 45c/kg, trade cattle rising 9–22c and heavy cows firm to dearer amid solid feedlot and processor interest. ull report available hereÂ
Victoria
- WVLX Mortlake cattle report: Yarding: 2,081, (+452) Mortlake’s yarding increased by 450 to 2,081 cattle, with bullocks, grown steers and trade cattle holding firm, cows lifting around 5c/kg and most bulls easing 10–15c/kg. Full report available here
South AustraliaÂ
- No Reports
Western Australia
- Muchea cattle report: Yarding: 1,345, (-7) A steady overall yarding with more pastoral cattle met a stronger market, as local cattle categories gained 5–10c/kg and bulls lifted 8–10c, while prices for pastoral cattle varied according to condition and quality.  Full report available here
Tasmania
- No Reports
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