# Reopening Food Industry Creates Boost For Feeder Cattle - AG INFORMATION NETWORK OF THE WEST

> Feeder cattle futures rallied for a third straight session as the food service industry reopened and demand picked up. May feeder cattle rose $1.85 to 147.32 1/2 and June live cattle gained $0.25 to 120.30, while May corn rose 2 cents to 553 1/4.

- Date: 2021-03-25 · published 2021-03-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5148-reopening-food-industry-creates-boost-for-feeder-cattle-ag-information-network
- 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

Reopening food-service demand lifts fed and feeder cattle values, which supports feed demand for corn and other feed ingredients over the near term.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2021-03-25 | 1 | +6.6% | 7.3 | Feeder futures rallied for a third straight session on food service reopening and demand, with May feeders up $1.85, directly explaining the sharp 1-day gain ending 3/25. |

## Sources

- aginfo.net: https://www.aginfo.net/report/49079/Reopening-Food-Industry-Creates-Boost-For-Feeder-Cattle

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