# National feeder and stocker cattle report | Capital Press

> The national feeder and stocker cattle report for the week ending May 23 showed receipts of 123,400 head, well below last week and last year, with steers and heifers selling steady to 3.00 lower. Feeder cattle futures fell 3.50 to 4.50 and live cattle 0.50 to 0.80 on June and August contracts. Drought in the western US and high feed and fuel costs pushed some cows into feedyards.

- Date: 2022-05-28 · published 2022-05-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41546-national-feeder-and-stocker-cattle-report-capital-press
- 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

Drought-driven forced selling of cows and tight feedstuffs add feeder supply in the near term, pressuring feeder cattle prices despite a shrinking cow herd. Feed buyers face demand that is cautious even as feedstuff availability is a driver of placements.

## Read by commodity

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

## Sources

- capitalpress.com: https://capitalpress.com/2022/05/27/national-feeder-and-stocker-cattle-report-177/

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