# Higher Corn Prices Could Impact The Feeder Cattle Market

> Livestock economist Derrell Peel says tighter corn supplies after a 50 million bushel drop in corn stocks are pushing corn above $5 per bushel toward $6, raising feedlot cost of gain. He expects feedlots to shift purchases toward lighter cattle from the country, with feeder cattle effects emerging over three to five months.

- Date: 2021-02-18 · published 2021-02-18T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/48783-higher-corn-prices-could-impact-the-feeder-cattle-market
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher corn prices raise feedlot cost of gain and could reduce demand for lighter feeder cattle relative to heavier weights, pressuring feeder cattle prices over the coming months.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bearish ▼

## Sources

- pnwag.net: https://pnwag.net/higher-corn-prices-could-impact-the-feeder-cattle-market/

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