# High corn sends cattle markets lower | Western Livestock Journal

> Cattle futures fell as corn above $6 per bushel weighed on feeder and live cattle contracts. Cash fed cattle traded at $118-124 while feedlots lacked leverage to push cash prices higher despite strong boxed beef and heavy slaughter.

- Date: 2021-04-22 · published 2021-04-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47737-high-corn-sends-cattle-markets-lower-western-livestock-journal
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expensive corn raises feedlot cost of gain, limiting feeder demand and pressuring cattle values. Feed buyers face higher ration costs as the grain-cattle price squeeze persists.

## Read by commodity

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

## Sources

- wlj.net: https://www.wlj.net/high-corn-sends-cattle-markets-lower/

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