# Feeder cattle pressured by higher move in corn - Brownfield Ag News

> Feeder cattle closed lower on June 30 as corn futures moved higher that day. August feeder cattle fell 65 cents to 132.85 and September fell 90 cents to 133.37. Cash trade was light, with Northern dressed deals at $148 to $155 and Southern live deals around $91 to $92.

- Date: 2020-06-30 · published 2020-06-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52257-feeder-cattle-pressured-by-higher-move-in-corn-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher corn costs weigh on feedlot margins and reduce bids for feeder cattle, so grain price moves feed directly into cattle values.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/feeder-cattle-pressured-by-higher-move-in-corn/
- brownfieldagnews.com: https://brownfieldagnews.com/news/feeder-cattle-pressured-by-higher-move-in-corn/

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