# Higher feed prices this winter

> Oklahoma State extension says US beef cattle producers face significantly higher feed costs this winter because of drought and high crop prices. Hay prices are sharply up year over year, with the largest gains in North Dakota and surrounding drought areas.

- Date: 2021-10-18 · published 2021-10-18T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/44681-higher-feed-prices-this-winter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher hay and supplement costs push cattle producers toward more feed grain and protein purchases, supporting feed demand while squeezing herd economics.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2021-10-22 | [Expect higher feed prices this winter \| Western Livestock Journal](https://feedsoft.ai/events/44689-expect-higher-feed-prices-this-winter-western-livestock-journal.md) | +0.0% | +6.4% |
| LCATTLE | 2021-10-18 | [Cow-Calf Corner: Higher feed prices this winter - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/44688-cow-calf-corner-higher-feed-prices-this-winter-texas-and-southwestern-cattle.md) | -0.4% | +5.0% |
| LCATTLE | 2020-07-29 | [Feeder Cattle Future Price Spreads: Opportunities to Hedge? \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/52254-feeder-cattle-future-price-spreads-opportunities-to-hedge-ohio-beef-cattle.md) | +1.4% | +7.1% |
| LCATTLE | 2019-11-04 | [Winter Weather Outlook for 2019-2020 \| Integrated Crop Management](https://feedsoft.ai/events/55982-winter-weather-outlook-for-2019-2020-integrated-crop-management.md) | +1.2% | +4.1% |
| LCATTLE | 2018-10-08 | [Development of wheat pasture could mute seasonal low of feeder cattle prices \| Oklahoma State University](https://feedsoft.ai/events/62697-development-of-wheat-pasture-could-mute-seasonal-low-of-feeder-cattle-prices.md) | -0.5% | +2.9% |
| CORN | 2021-10-22 | [Expect higher feed prices this winter \| Western Livestock Journal](https://feedsoft.ai/events/44689-expect-higher-feed-prices-this-winter-western-livestock-journal.md) | +3.5% | +10.0% |
| CORN | 2021-10-18 | [Cow-Calf Corner: Higher feed prices this winter - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/44688-cow-calf-corner-higher-feed-prices-this-winter-texas-and-southwestern-cattle.md) | +1.5% | +13.0% |
| CORN | 2020-11-30 | [Winter Storm, Trade Progress Drive Grain Futures Higher \| Feed & Grain](https://feedsoft.ai/events/50172-winter-storm-trade-progress-drive-grain-futures-higher-feed-and-grain.md) | -1.5% | -1.0% |

## Sources

- beefmagazine.com: https://www.beefmagazine.com/beef-pricing/higher-feed-prices-this-winter

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