# Agri Marketing Update

> Corn and soybean futures rallied to multi-month highs as Midwest planting delays and widespread flooding cut expected acreage, with major river flooding disrupting transport. Prices retreated Friday after President Trump threatened new tariffs on Mexican goods, while live and feeder cattle futures fell to long-term lows.

- Date: 2019-06-03 · published 2019-06-03T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/11385-agri-marketing-update
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lost acreage and river disruptions tighten grain supplies and raise feed costs, while tariff threats add trade-related downside risk to soybeans and livestock.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-06-25 | [Farming News - Wheat Market update from ADM](https://feedsoft.ai/events/46525-farming-news-wheat-market-update-from-adm.md) | +5.6% | -5.6% |
| CORN | 2021-04-16 | [Farming News - Wheat and OSR market update](https://feedsoft.ai/events/9791-farming-news-wheat-and-osr-market-update.md) | +5.1% | +18.3% |
| CORN | 2020-08-28 | [Farming News - ADM Wheat & OSR weekly market update](https://feedsoft.ai/events/51661-farming-news-adm-wheat-and-osr-weekly-market-update.md) | +0.0% | +5.4% |
| CORN | 2017-05-30 | [Weekly Market Highlights – Cattle Current Market Update](https://feedsoft.ai/events/9900-weekly-market-highlights-cattle-current-market-update.md) | -0.2% | -3.5% |
| CORN | 2024-04-01 | [March 2024 ENSO update: award season](https://feedsoft.ai/events/31122-march-2024-enso-update-award-season.md) | -4.2% | -6.0% |
| SOY | 2020-08-28 | [Farming News - ADM Wheat & OSR weekly market update](https://feedsoft.ai/events/51661-farming-news-adm-wheat-and-osr-weekly-market-update.md) | +3.4% | +7.0% |
| SOY | 2024-04-01 | [March 2024 ENSO update: award season](https://feedsoft.ai/events/31122-march-2024-enso-update-award-season.md) | -0.5% | -2.7% |
| SOY | 2020-05-28 | [El Niño / La Niña Update (May 2020)](https://feedsoft.ai/events/53044-el-nino-la-nina-update-may-2020.md) | +1.1% | +2.6% |

## Sources

- agrimarketing.com: https://www.agrimarketing.com/newsletter/index.php?archived=2019-06-03

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