# Feeder cattle pressured by higher move in corn - Brownfield Ag News

> Feeder cattle futures fell sharply on June 21 as corn moved higher, with August feeders down $4.42 to $227.72. Live cattle were mostly lower, and direct cash trade was quiet with bids in the North at $182-183 live.

- Date: 2023-06-21 · published 2023-06-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35628-feeder-cattle-pressured-by-higher-move-in-corn-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher corn raises feedlot costs and pressures feeder cattle values, a link that drives short-term feeder price moves.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/feeder-cattle-pressured-by-higher-move-in-corn-3/

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