# Feeder cattle futures firm on weaker corn - CME
						 | The Cattle Site

> CME feeder cattle futures firmed on May 2, 2022, supported by lower corn futures. August feeders rose 5.80 cents to 174.075 cents per pound, and June live cattle settled at 135.200 cents. Lean hog futures eased, with June hogs falling to their lowest since January 20 amid Chinese lockdowns that weakened US pork exports.

- Date: 2022-05-02 · published 2022-05-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10562-feeder-cattle-futures-firm-on-weaker-corn-cme-the-cattle-site
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower corn costs support cattle prices, while weaker export demand from China pressures lean hog prices. Hog prices are pushed down by export demand losses rather than supply.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2022-05-01 | 1 | +3.2% | 3.5 | Feeder futures firmed on May 2 as lower corn cut feed costs, with August feeders up 5.80 cents, which fits a sharp one-day rise in feeder cattle. |

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/58467/feeder-cattle-futures-firm-on-weaker-corn-cme

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