# Feeder cattle futures show promise - High Plains Journal

> Feeder cattle futures for August through October 2022 were quoted at $173 to $174.80/cwt, and the writer notes a recent sale of weaned steers at $173. Feeder supplies are very short after producers sold earlier, and grain costs are edging higher.

- Date: 2021-11-12 · published 2021-11-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44210-feeder-cattle-futures-show-promise-high-plains-journal
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tight feeder supplies and firm deferred futures point to continued strength in feeder prices, while rising grain costs weigh on feedlot margins.

## Read by commodity

- CORN: bearish ▼
- FCATTLE: bullish ▲

## Sources

- hpj.com: https://hpj.com/2021/11/12/feeder-cattle-futures-show-promise/

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