# AgriMarketing.com - Purdue Economist Issues Report "Impact Of Higher Corn Prices On Cattle Finishing Net Returns"

> A Purdue University analysis examines how higher corn prices affect cattle finishing net returns. Corn July futures rose from $4.68 to $6.93 per bushel by mid-May 2021, and the US stocks-to-use ratio was only 8.5 percent.

- Date: 2021-05-24 · published 2021-05-24T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/4964-agrimarketing-com-purdue-economist-issues-report-impact-of-higher-corn-prices
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Higher corn raises feeding cost of gain, squeezing feedlot margins and reducing cattle placements and demand for feed. The tight corn balance keeps feed-cost risk elevated.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-09-20 | [Bullish macro-economic environment and hot U.S. finishing weather boost CBOT prices – ProAgri Media](https://feedsoft.ai/events/5605-bullish-macro-economic-environment-and-hot-u-s-finishing-weather-boost-cbot.md) | +0.0% | -0.9% |
| CORN | 2018-04-27 | [Rising crude prices supportive to corn market - Brownfield Ag News](https://feedsoft.ai/events/65539-rising-crude-prices-supportive-to-corn-market-brownfield-ag-news.md) | +2.1% | +4.1% |
| CORN | 2020-01-27 | [Due to oil prices on the world market, the prices of all commodities are rising – Lider Media](https://feedsoft.ai/events/55169-due-to-oil-prices-on-the-world-market-the-prices-of-all-commodities-are-rising.md) | -1.2% | -1.8% |
| CORN | 2018-01-28 | [U.S. dollar impacts grain prices - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/67028-u-s-dollar-impacts-grain-prices-agweek-1-source-for-agriculture-news-farming.md) | +0.1% | +0.9% |
| CORN | 2024-09-12 | [Brazilian market has firm prices and new area cut in the summer corn crop](https://feedsoft.ai/events/13549-brazilian-market-has-firm-prices-and-new-area-cut-in-the-summer-corn-crop.md) | +4.9% | +5.1% |
| LCATTLE | 2020-02-26 | [Cattle futures drop on broader market pressure - Brownfield Ag News](https://feedsoft.ai/events/12063-cattle-futures-drop-on-broader-market-pressure-brownfield-ag-news.md) | -4.2% | -8.0% |
| LCATTLE | 2020-04-30 | [Estimating COVID-19 effects on the cattle markets - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/53773-estimating-covid-19-effects-on-the-cattle-markets-progressive-cattle-ag-proud.md) | +3.2% | +19.4% |
| LCATTLE | 2022-09-23 | [Cattle, hog futures sag on macroeconomic concerns - CME
						 \| The Pig Site](https://feedsoft.ai/events/39718-cattle-hog-futures-sag-on-macroeconomic-concerns-cme-the-pig-site.md) | +0.4% | +3.0% |

## Sources

- agrimarketing.com: https://www.agrimarketing.com/s/136448

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