# U.S. livestock: CME feeder cattle hit four-month low - AgCanada

> CME feeder cattle futures fell to a four-month low on March 1 and live cattle eased as US stocks slid. Corn and wheat rose by their daily limits on fears of prolonged supply disruption after Russia's invasion of Ukraine. Choice boxed beef also fell 83 cents to $256.68/cwt.

- Date: 2022-03-02 · published 2022-03-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42433-u-s-livestock-cme-feeder-cattle-hit-four-month-low-agcanada
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Higher grain costs squeeze cattle feeding margins, which pressures feeder and live cattle prices. Feed buyers face rising input costs as grain rallies.

## Read by commodity

- CORN: bullish ▲
- HOGS: bullish ▲
- WHEAT: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2022-03-04 | 5 | +10.4% | 2.8 | Corn and wheat rose by daily limits on Mar 1 on fears of prolonged supply disruption, contributing to the week's gain. |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-livestock-cme-feeder-cattle-hit-four-month-low

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