# Feeder Cattle Facing Demand Issues - AG INFORMATION NETWORK OF THE WEST

> Feeder cattle closed lower on Monday as higher feed prices and weak buyer demand weighed on the market. August feeder cattle fell $2.35 to 172.50 and August live cattle dropped $0.50 to 133.37. Wheat and corn futures were mixed, with September corn up 16 cents.

- Date: 2022-06-27 · published 2022-06-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41084-feeder-cattle-facing-demand-issues-ag-information-network-of-the-west
- 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

Lack of demand combined with higher feed costs pressures feeder cattle prices and reduces feedlot margins, which can weigh on demand for corn and feed ingredients.

## Read by commodity

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

## Sources

- aginfo.net: https://www.aginfo.net/report/53385/Feeder-Cattle-Facing-Demand-Issues

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