# Feed grain outlook lifts feeder cattle market - Grainews

> Jerry Klassen notes live cattle futures near record highs and November feeders near $220/cwt, about $20 below the October 2014 record. Corn is near $6.27/bu nearby, and USDA projects 91.0 million acres of US corn planting for 2023.

- Date: 2023-03-30 · published 2023-03-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/5599-feed-grain-outlook-lifts-feeder-cattle-market-grainews
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Expected average yields in US corn and Canadian barley could support feeder upside of $25-30/cwt by fall as coarse grain supplies look burdensome. Strong basis and high corn prices weigh on feeding margins.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2023-03-30 | 1 | +4.4% | 6.4 | Published on the move date, it describes live cattle near record highs and strong feeder futures, which signals bullish sentiment, though the corn-driven outlook is more background than a catalyst. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-07-26 | [Corn & Soybean Market Outlook \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/29307-corn-and-soybean-market-outlook-industry-news-feedlotmagazine-com.md) | -3.3% | -5.7% |
| CORN | 2026-10-12 | [Feeder cattle hit three-month high on lower corn outlook - CME
						 \| The Cattle Site](https://feedsoft.ai/events/589-feeder-cattle-hit-three-month-high-on-lower-corn-outlook-cme-the-cattle-site.md) | -1.1% | — |
| CORN | 2019-08-29 | [Feed weekly outlook: New-crop expectations weigh on bids - Grainews](https://feedsoft.ai/events/57659-feed-weekly-outlook-new-crop-expectations-weigh-on-bids-grainews.md) | -3.0% | +1.1% |
| CORN | 2020-04-30 | [Feeder cattle aren't in feedlots](https://feedsoft.ai/events/53784-feeder-cattle-aren-t-in-feedlots.md) | +1.9% | +2.3% |
| CORN | 2026-04-27 | [Cattle Market Discussion \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/19846-cattle-market-discussion-industry-news-feedlotmagazine-com.md) | +1.7% | +2.4% |
| FCATTLE | 2017-11-08 | [Lower supply outlook strengthens cattle prices - Grainews](https://feedsoft.ai/events/68118-lower-supply-outlook-strengthens-cattle-prices-grainews.md) | -1.4% | -8.7% |
| FCATTLE | 2018-05-25 | [U.S. livestock: Feeder cattle extend gains on drop in placements - Grainews](https://feedsoft.ai/events/11033-u-s-livestock-feeder-cattle-extend-gains-on-drop-in-placements-grainews.md) | +7.3% | +9.4% |
| FCATTLE | 2026-10-12 | [Feeder cattle hit three-month high on lower corn outlook - CME
						 \| The Cattle Site](https://feedsoft.ai/events/589-feeder-cattle-hit-three-month-high-on-lower-corn-outlook-cme-the-cattle-site.md) | +0.0% | — |

## Sources

- grainews.ca: https://www.grainews.ca/cattlemans-corner/feed-grain-outlook-lifts-feeder-cattle-market/

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