# Rising feed costs may change feeder cattle market | Iowa Agribusiness Radio Network

> USDA lowered corn and soybean ending stocks in its February WASDE report, tightening supplies. Oklahoma State economist Derrell Peel says higher grain costs may reduce feedlot demand for lighter feeder cattle and pressure feeder prices, though the effect has not yet appeared.

- Date: 2021-02-12 · published 2021-02-12T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/48785-rising-feed-costs-may-change-feeder-cattle-market-iowa-agribusiness-radio
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tighter corn and soybean stocks lift feed costs, which can weigh on feeder cattle demand and prices as feedlots favor less grain-intensive purchases.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-07-22 | [High feed prices challenge cattle producers \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58234-high-feed-prices-challenge-cattle-producers-iowa-agribusiness-radio-network.md) | -2.0% | -10.6% |
| CORN | 2019-06-28 | [Higher priced corn challenging cattle prices \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/9501-higher-priced-corn-challenging-cattle-prices-iowa-agribusiness-radio-network.md) | -2.0% | -4.5% |
| CORN | 2021-08-12 | [Markets higher after ?exciting? WASDE Report \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/45503-markets-higher-after-exciting-wasde-report-iowa-agribusiness-radio-network.md) | +0.7% | -7.7% |
| CORN | 2018-02-09 | [Corn price in sweet spot, soybeans may falter \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/66525-corn-price-in-sweet-spot-soybeans-may-falter-iowa-agribusiness-radio-network.md) | +0.2% | +3.3% |
| CORN | 2018-03-08 | [Weather premium running dry \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/10889-weather-premium-running-dry-iowa-agribusiness-radio-network.md) | +2.4% | +5.3% |
| SOY | 2018-02-08 | [USDA lowers soy exports, market reacts bullishly \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/66448-usda-lowers-soy-exports-market-reacts-bullishly-iowa-agribusiness-radio-network.md) | +3.5% | +7.2% |
| SOY | 2017-06-30 | [USDA Reports Spark Market Rally and Opportunity for Growers \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/70551-usda-reports-spark-market-rally-and-opportunity-for-growers-iowa-agribusiness.md) | +8.8% | +9.3% |
| SOY | 2018-04-16 | [Demand for U.S. soy remains strong \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/65599-demand-for-u-s-soy-remains-strong-iowa-agribusiness-radio-network.md) | -2.4% | -5.6% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/rising-feed-costs-may-change-feeder-cattle-market/

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