# Lack of Beef Production Rallies Cattle Market - AG INFORMATION NETWORK OF THE WEST

> June live cattle rallied on March 29, 2022, following news of US beef production declines. Grain futures fell that day, with May corn down 22 cents and Kansas City HRW wheat down 46 cents.

- Date: 2022-03-30 · published 2022-03-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42409-lack-of-beef-production-rallies-cattle-market-ag-information-network-of-the-west
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Tighter beef supply supports cattle prices and reduces forward demand pressure on feed grains, while broad grain weakness reflects lower trading interest.

## Read by commodity

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

## Sources

- aginfo.net: https://www.aginfo.net/report/52560/Lack-of-Beef-Production-Rallies-Cattle-Market

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