# Feeder cattle markets adjust to higher feed prices | Western Livestock Journal

> Oklahoma State extension economist Derrell Peel explains that rising feed grain prices are being reflected in feeder cattle markets. He notes that feeder supply adjusts slowly with calf crops, so cattle feeders are shifting toward heavier feeder cattle that need less feed.

- Date: 2021-07-23 · published 2021-07-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46228-feeder-cattle-markets-adjust-to-higher-feed-prices-western-livestock-journal
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

High grain prices signal feed rationing, but cattle supply responds slowly, so feeder prices adjust through weight mix rather than an immediate drop in placements. Corn demand from feedlots remains firm in the near term.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: neutral

## Sources

- wlj.net: https://www.wlj.net/feeder-cattle-markets-adjust-to-higher-feed-prices/

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