# Value of Stocker Cattle | Ohio BEEF Cattle Letter

> USDA estimates the 2020 calf crop will be down 260,000 head after a 250,000 head decline in 2019, and sale receipts for cattle over 600 pounds are down 19% from 2019. Higher feed costs, poor wheat pasture and tight feedlot space have limited feeder price gains.

- Date: 2020-10-21 · published 2020-10-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50772-value-of-stocker-cattle-ohio-beef-cattle-letter
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A smaller feeder supply is supportive for feeder cattle prices, but higher feed costs weigh on feedlot margins and the demand for feed grains.

## Read by commodity

- CORN: neutral
- FCATTLE: bullish ▲

## Sources

- u.osu.edu: https://u.osu.edu/beef/2020/10/21/value-of-stocker-cattle/

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