# Finding a Bottom Through Grains and Holiday Meat Demand | Ohio BEEF Cattle Letter

> Nearby and deferred live and feeder cattle futures settled higher in the week ending July 10, recovering from contract lows about ten days earlier. The USDA said it would resurvey farmers before the August 12 Crop Production report after confusing June acreage figures, with corn above and soybeans below expectations. Heavy rain has halted planting or flooded some crops, and prevented planting is expected to rise.

- Date: 2019-07-10 · published 2019-07-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/58219-finding-a-bottom-through-grains-and-holiday-meat-demand-ohio-beef-cattle-letter
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Uncertainty over corn and soybean acreage and rising prevented planting point to tighter feed grain supplies, which supports feed prices. Analysts see a cattle price bottom supported by grain and meat demand.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2019-07-09 | 5 | +4.2% | 2.8 | Reports feeder and live cattle futures rallied in the week to July 10 after contract lows about ten days earlier, matching the 5-day upward move, with grain and acreage uncertainty as a backdrop. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-10-28 | [Cattle on Feed Grows Again \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/50777-cattle-on-feed-grows-again-ohio-beef-cattle-letter.md) | -2.9% | +7.1% |
| CORN | 2018-04-11 | [Crop Planting Report and Feeder Price Decline \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/65646-crop-planting-report-and-feeder-price-decline-ohio-beef-cattle-letter.md) | -0.7% | +3.1% |
| CORN | 2017-04-05 | [Calf Price Rally and a Crop Production Report \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/71636-calf-price-rally-and-a-crop-production-report-ohio-beef-cattle-letter.md) | +0.5% | +1.3% |
| CORN | 2025-05-14 | [Global Grains Rattled by Trade Deals and Yield Hurdles](https://feedsoft.ai/events/6682-global-grains-rattled-by-trade-deals-and-yield-hurdles.md) | +3.8% | +0.4% |
| CORN | 2023-10-19 | [What can we expect from animal feed demand this season? Grain market daily  \| AHDB](https://feedsoft.ai/events/33757-what-can-we-expect-from-animal-feed-demand-this-season-grain-market-daily-ahdb.md) | +1.0% | -2.6% |
| SOY | 2018-04-11 | [Crop Planting Report and Feeder Price Decline \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/65646-crop-planting-report-and-feeder-price-decline-ohio-beef-cattle-letter.md) | -0.4% | -3.7% |
| SOY | 2025-05-14 | [Global Grains Rattled by Trade Deals and Yield Hurdles](https://feedsoft.ai/events/6682-global-grains-rattled-by-trade-deals-and-yield-hurdles.md) | -1.3% | -1.6% |
| SOY | 2026-05-08 | [Grains surge as USDA wheat shock meets biofuel-driven soy demand \| Saxo](https://feedsoft.ai/events/10797-grains-surge-as-usda-wheat-shock-meets-biofuel-driven-soy-demand-saxo.md) | -0.2% | -4.7% |

## Sources

- u.osu.edu: https://u.osu.edu/beef/2019/07/10/finding-a-bottom-through-grains-and-holiday-meat-demand/

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