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

> Feeder cattle closed lower at the CME on January 13 while live cattle were mostly higher, with April feeders down $1.35 at $187.05. Feeders were pressured by a higher corn move, and direct cash cattle traded around $156 live in Kansas and Texas.

- Date: 2023-01-13 · published 2023-01-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37916-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 prices raise feeding costs, which weighs on feeder cattle values and reduces demand for corn in feedlots.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/feeder-cattle-pressured-by-higher-move-in-corn-2/

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