# Beef Surge Continues - AG INFORMATION NETWORK OF THE WEST

> Live cattle and feeder cattle futures surged to start the week, with October live cattle up $2.90 to 131.95 and September feeders up $3.05 to 170.67. Wheat and corn futures also moved, with December corn down 1.5 cents and Kansas HRW wheat up 1.75 cents, and September Class III milk rose $0.40.

- Date: 2021-08-24 · published 2021-08-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10054-beef-surge-continues-ag-information-network-of-the-west
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A sharp rally in cattle futures reflects tight fed supply and strong beef demand, supporting feeder cattle and cattle-related feed demand.

## Read by commodity

- CORN: bearish ▼
- MILK: bullish ▲
- KWHEAT: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2021-08-26 | 1 | +3.3% | 3.5 | Aug 24 surge in feeders (+$3.05) shows strong momentum and price-level context for the elevated volatility around this window, though it predates the Aug 26 move. |

## Sources

- aginfo.net: https://www.aginfo.net/report/50551/Beef-Surge-Continues

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