# Klassen: Feeder market absorbs double-edged sword - Country Guide

> Western Canadian feeder cattle traded $3 to $6 lower on the week as August feeder futures lost $10 and US cash feeder prices fell. Analysts cited expected loss of 6 to 10 million US corn acres and Prairie dryness, with barley delivered Lethbridge up $25 per tonne.

- Date: 2019-06-04 · published 2019-06-04T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/11383-klassen-feeder-market-absorbs-double-edged-sword-country-guide
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Expected corn acreage losses and dry Prairie conditions tighten feed grain supplies, raising feed costs and pressuring feeder cattle margins.

## Read by commodity

- CORN: bullish ▲
- BARLEY: bullish ▲
- FCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-11-16 | [Klassen: Feeder market continues downward slide - AgCanada](https://feedsoft.ai/events/9551-klassen-feeder-market-continues-downward-slide-agcanada.md) | +0.1% | +3.6% |
| CORN | 2018-05-14 | [Higher feed grain prices pressure cattle feeder market - Canadian Cattlemen](https://feedsoft.ai/events/65129-higher-feed-grain-prices-pressure-cattle-feeder-market-canadian-cattlemen.md) | +1.7% | -1.8% |
| CORN | 2017-06-22 | [Knife edge market - StockCo Australia](https://feedsoft.ai/events/70515-knife-edge-market-stockco-australia.md) | -2.7% | +3.8% |
| CORN | 2021-06-25 | [Weather, exports driving factors in commodity markets \| Feed Strategy](https://feedsoft.ai/events/46664-weather-exports-driving-factors-in-commodity-markets-feed-strategy.md) | +5.6% | -5.6% |
| CORN | 2018-06-06 | [Markets have plenty to watch as summer heats up – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/6749-markets-have-plenty-to-watch-as-summer-heats-up-ohio-ag-net-ohio-s-country.md) | -1.8% | -7.2% |
| FCATTLE | 2021-11-16 | [Klassen: Feeder market continues downward slide - AgCanada](https://feedsoft.ai/events/9551-klassen-feeder-market-continues-downward-slide-agcanada.md) | +3.7% | +5.5% |
| FCATTLE | 2021-07-27 | [Klassen: Feed barley rally pressures feeder cattle market - AgCanada](https://feedsoft.ai/events/12494-klassen-feed-barley-rally-pressures-feeder-cattle-market-agcanada.md) | -2.4% | -2.5% |
| FCATTLE | 2018-05-14 | [Higher feed grain prices pressure cattle feeder market - Canadian Cattlemen](https://feedsoft.ai/events/65129-higher-feed-grain-prices-pressure-cattle-feeder-market-canadian-cattlemen.md) | -4.5% | +5.4% |

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/klassen-feeder-market-absorbs-double-edged-sword/

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