# Cattle Current Weekly Highlights—Week ending May 31, 2019 – Cattle Current Market Update

> Heavy rain and flooding across the Plains and Midwest continued to delay planting and disrupt river transport, including commercial navigation on the McClellan-Kerr Arkansas River system. Cash steer and heifer prices eased $0 to $5/cwt, and feeder cattle futures fell sharply amid a surge in grain futures.

- Date: 2019-06-01 · published 2019-06-01T12:00:00.000Z
- Category: logistics · region US · magnitude high
- Page: https://feedsoft.ai/events/11382-cattle-current-weekly-highlights-week-ending-may-31-2019-cattle-current-market
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Flooding disrupts barge logistics and raises grain price uncertainty, which raises feed costs and pushes feeder cattle values lower.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2019-05-30 | 5 | -7.1% | -3.7 | Feeder futures fell sharply amid a surge in grain futures and flooding-related planting delays, raising feed costs and cutting feeder values. |
| FCATTLE | 2019-05-30 | 1 | -3.7% | -3.1 | Notes feeder futures fell sharply amid a surge in grain futures and weather disruptions, matching the move's timing and driver. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-05-02 | [Weekly Grain Movement – May 2, 2017 \| Farm Progress](https://feedsoft.ai/events/10485-weekly-grain-movement-may-2-2017-farm-progress.md) | -0.6% | +1.5% |
| CORN | 2022-07-28 | [DDGS Weekly Market Report – July 28, 2022 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/11491-ddgs-weekly-market-report-july-28-2022-u-s-grains-and-bioproducts-council.md) | +2.8% | +5.6% |
| CORN | 2022-01-20 | [DDGS Weekly Market Report – January 20, 2022 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/7371-ddgs-weekly-market-report-january-20-2022-u-s-grains-and-bioproducts-council.md) | +1.6% | +6.7% |
| CORN | 2021-12-14 | [Somalia: Joint Market and Supply Chain Update, 05th December, 2021 — 12th December, 2021 - Somalia \| ReliefWeb](https://feedsoft.ai/events/43679-somalia-joint-market-and-supply-chain-update-05th-december-2021-12th-december.md) | -3.7% | +1.9% |
| CORN | 2017-05-09 | [WEEKLY GRAIN MOVEMENT: High water, closed rives halt barge movement](https://feedsoft.ai/events/70893-weekly-grain-movement-high-water-closed-rives-halt-barge-movement.md) | +0.6% | +1.9% |
| FCATTLE | 2019-08-18 | [Cattle Current Weekly Highlights—Week ending Aug. 16, 2019 – Cattle Current Market Update](https://feedsoft.ai/events/10653-cattle-current-weekly-highlights-week-ending-aug-16-2019-cattle-current-market.md) | +2.1% | +1.5% |
| FCATTLE | 2019-08-21 | [Markets see major movement after Tyson plant fire - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/57734-markets-see-major-movement-after-tyson-plant-fire-progressive-cattle-ag-proud.md) | +1.7% | +2.6% |
| FCATTLE | 2019-08-13 | [Cattle futures sink to multiyear lows as Tyson plant fire hangs over market \| Financial Post](https://feedsoft.ai/events/7604-cattle-futures-sink-to-multiyear-lows-as-tyson-plant-fire-hangs-over-market.md) | +0.9% | -0.4% |

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-weekly-highlights-week-ending-may-31-2019/

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