# Klassen: Rising feed grain prices weigh on feeder market - Country Guide

> Western Canadian feeder cattle prices were mostly steady, but lighter calves and grass cattle fell $4 to $10. Rising feed grain costs and poor weather hit feedlot margins, and buyers were cautious.

- Date: 2018-04-03 · published 2018-04-03T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/11970-klassen-rising-feed-grain-prices-weigh-on-feeder-market-country-guide
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher feed grain costs squeeze feedlot margins, which lowers the prices feedlots will pay for feeder cattle and cuts demand for feed.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bearish ▼

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/klassen-rising-feed-grain-prices-weigh-on-feeder-market/

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