# Cattle markets transition to summer - Progressive Cattle | Ag Proud

> Oklahoma State economist Derrell Peel reports that calf and feeder cattle prices have declined more than seasonal norms since April. Steer calf prices in Oklahoma fell about 12% since April versus a typical 4-5% decline. High feed grain prices and poor forage conditions are weighing on calf values.

- Date: 2022-06-06 · published 2022-06-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41088-cattle-markets-transition-to-summer-progressive-cattle-ag-proud
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

High grain costs and weak forage push cattle prices down, reducing feeder cattle demand for feed and signaling tighter margins for feedlots.

## Read by commodity

- CORN: bearish ▼
- FCATTLE: bearish ▼

## Sources

- agproud.com: https://www.agproud.com/articles/55198-cattle-markets-transition-to-summer

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