# U.S. livestock: Live cattle sag as Wall Street retreats, grain prices rise - Grainews

> U.S. live cattle futures fell more than 2% on Monday, pressured by ample beef supplies and fund selling as Wall Street equities declined. Feeder cattle fell about 3% as corn futures rose to nearly $5 a bushel, the highest since 2014. Lean hog futures rose on strong wholesale ham prices.

- Date: 2021-01-05 · published 2021-01-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10524-u-s-livestock-live-cattle-sag-as-wall-street-retreats-grain-prices-rise-grainews
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Higher corn costs squeeze feedlot margins and weigh on feeder cattle values, while heavy cattle supplies keep live cattle under pressure. Firm ham prices give hog futures some support.

## Read by commodity

- CORN: bullish ▲
- HOGS: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-live-cattle-sag-as-wall-street-retreats-grain-prices-rise/

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