# National feeder and stocker cattle report | Capital Press

> Federal-State feeder and stocker cattle receipts for the week ending June 21 totaled 214,500 head, down from 289,400 the prior week. Feeder cattle contracts gained over the week as corn futures fell on Corn Belt rains, with August feeders closing at 159.55 and September at 161.25.

- Date: 2021-06-28 · published 2021-06-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46734-national-feeder-and-stocker-cattle-report-capital-press
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower corn prices reduce feeding costs, supporting feeder cattle values; the rally in feeders tracks the decline in new-crop corn.

## Read by commodity

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

## Sources

- capitalpress.com: https://capitalpress.com/2021/06/28/national-feeder-and-stocker-cattle-report-228/

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