# Emerging grain market conditions and impacts of calf prices - Progressive Cattle | Ag Proud

> Corn and soybean futures have risen substantially since early August, with the 2020 harvest contracts up about $1 and roughly $2 per bushel respectively. Deferred contracts have also climbed, with December 2021 corn just above $4 and November 2021 soybeans near $10. The article argues that stock-to-use ratios imply lower prices than current levels.

- Date: 2020-11-30 · published 2020-11-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50306-emerging-grain-market-conditions-and-impacts-of-calf-prices-progressive-cattle
- 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

Strong export demand for soybeans and rising ethanol-driven corn use support feed grain prices into next year. Higher grain costs will weigh on feedlot margins and lower what cattle feeders can pay for calves.

## Read by commodity

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

## Sources

- agproud.com: https://www.agproud.com/articles/53012-emerging-grain-market-conditions-and-impacts-of-calf-prices

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