# Putin Just Cost You $35 Per Head

> Cattle futures fell sharply on February 24 after Russia invaded Ukraine, with April feeder cattle down $4.475 to $163.80, a two-month low. April live cattle closed $2.45 lower at $142.30. Higher grain prices also weighed on feeder cattle.

- Date: 2022-02-24 · published 2022-02-24T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/42845-putin-just-cost-you-35-per-head
- 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

Geopolitical risk and higher feed costs pressured cattle values, cutting roughly $35 per head on feeder and live animals. Buyers should expect volatility in cattle prices and feed costs while the conflict continues.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2022-11-15 | [CME feeder cattle approach one-month low as corn jumps \| Financial Post](https://feedsoft.ai/events/7174-cme-feeder-cattle-approach-one-month-low-as-corn-jumps-financial-post.md) | +3.2% | +4.1% |
| FCATTLE | 2023-07-24 | [After the Bell \| July 24, 2023 - Pro Farmer](https://feedsoft.ai/events/11935-after-the-bell-july-24-2023-pro-farmer.md) | -0.1% | -0.1% |
| FCATTLE | 2022-03-09 | [Cattle Input Prices Surge \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/42434-cattle-input-prices-surge-ohio-beef-cattle-letter.md) | +1.5% | +1.4% |
| FCATTLE | 2026-03-02 | [The U.S.-Iran War Has Hit Cattle. How Much Lower Will Prices Go?](https://feedsoft.ai/events/5732-the-u-s-iran-war-has-hit-cattle-how-much-lower-will-prices-go.md) | +0.1% | +1.7% |
| FCATTLE | 2026-03-02 | [Cattle and Grains See Risk Off Selling on Iran Conflict: Have Cattle Topped? - Farm Journal](https://feedsoft.ai/events/5731-cattle-and-grains-see-risk-off-selling-on-iran-conflict-have-cattle-topped-farm.md) | +0.1% | +1.7% |
| LCATTLE | 2023-07-24 | [After the Bell \| July 24, 2023 - Pro Farmer](https://feedsoft.ai/events/11935-after-the-bell-july-24-2023-pro-farmer.md) | -0.0% | +0.0% |
| LCATTLE | 2022-03-09 | [Cattle Input Prices Surge \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/42434-cattle-input-prices-surge-ohio-beef-cattle-letter.md) | -0.2% | -1.3% |
| LCATTLE | 2026-03-02 | [The U.S.-Iran War Has Hit Cattle. How Much Lower Will Prices Go?](https://feedsoft.ai/events/5732-the-u-s-iran-war-has-hit-cattle-how-much-lower-will-prices-go.md) | -2.8% | -3.5% |

## Sources

- drovers.com: https://www.drovers.com/news/industry/putin-just-cost-you-35-head

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