# Gamble of Feeder Cattle Prices Continues

> Superior's Corn Belt Classic feeder cattle sale drew strong prices in 2021, with most weight groups surpassing both 2020 levels and the three-year average for region two steers. Producers remained cautious given drought, limited water and herd liquidation in the western US.

- Date: 2021-06-23 · published 2021-06-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46735-gamble-of-feeder-cattle-prices-continues
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Stronger feeder prices reflect tight cattle supplies, which support feed demand from feedlots but raise cost for feeder buyers.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2021/06/23/gamble-feeder-cattle-prices

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