# Market Wrap-Up: May 25, 2021 | Western Livestock Journal

> Corn futures traded near the daily limit down on May 25, 2021, while cash cattle held a sideways trend. June live cattle closed about $116.72 and August near $120.10, with 23,915 head of cash cattle sold. Choice boxed beef rose $2.09 to $329.92.

- Date: 2021-05-25 · published 2021-05-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4961-market-wrap-up-may-25-2021-western-livestock-journal
- 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

Packer throughput lagging front-end fed supplies keeps cattle carrying forward, limiting upside in deferred cattle futures. The sharp corn drop is a routine feed-cost offset for feedlots.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2021-06-01 | 5 | +11.6% | 5.1 | Corn futures traded near limit down on May 25 while cash cattle held steady and boxed beef rose, a lower input cost and firm beef backdrop that favors feeder cattle values. |

## Sources

- wlj.net: https://www.wlj.net/market-wrap-up-may-25-2021/

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