# TDA reports corn, grain prices higher this week, beef prices fall | News | southtexasnews.com

> Texas feeder cattle auctions reported steady to $8 lower prices for the week ending June 16, and wholesale Choice beef fell $2.68 to $149.84 per hundredweight. US export sales for early June were 8,500 metric tons, down 38% week on week. Cotton cash prices fell 3.5 cents to 69.75 cents per pound.

- Date: 2017-06-26 · published 2017-06-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10591-tda-reports-corn-grain-prices-higher-this-week-beef-prices-fall-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Lower wholesale beef and feeder cattle values weigh on cattle feeding margins and demand for feed. Weak export sales add modest bearish pressure on grain and cotton.

## Read by commodity

- CSM: neutral
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- southtexasnews.com: https://www.southtexasnews.com/san_patricio_county/news/tda-reports-corn-grain-prices-higher-this-week-beef-prices-fall/article_87a2d812-56b5-11e7-995a-538a6120a7ec.html

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