# Higher corn futures cause feeder calf prices to dip

> Farm Progress's Scott Brown reports that US corn prices hit their highest level in nearly five years in many cash markets, with December futures rising from $3.72 in May to above $4.68 in June. Over the same period October feeder cattle futures fell from $148.75 to $137.15.

- Date: 2019-07-08 · published 2019-07-08T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/58230-higher-corn-futures-cause-feeder-calf-prices-to-dip
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Slow planting and wet weather raise uncertainty over the harvest, supporting corn prices and squeezing feeder cattle margins and demand for corn-based feed.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-06-09 | [DDG Prices Driven Higher by Rise in Corn Futures](https://feedsoft.ai/events/70594-ddg-prices-driven-higher-by-rise-in-corn-futures.md) | -1.0% | +0.3% |
| CORN | 2021-10-18 | [Higher feed prices this winter](https://feedsoft.ai/events/44681-higher-feed-prices-this-winter.md) | +1.5% | +13.0% |
| CORN | 2018-05-14 | [Higher feed grain prices pressure cattle feeder market - Canadian Cattlemen](https://feedsoft.ai/events/65129-higher-feed-grain-prices-pressure-cattle-feeder-market-canadian-cattlemen.md) | +1.7% | -1.8% |
| CORN | 2022-06-27 | [High Heat Might Push Corn Prices Even Higher](https://feedsoft.ai/events/40956-high-heat-might-push-corn-prices-even-higher.md) | +1.8% | -12.0% |
| CORN | 2021-10-18 | [Cow-Calf Corner: Higher feed prices this winter - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/44688-cow-calf-corner-higher-feed-prices-this-winter-texas-and-southwestern-cattle.md) | +1.5% | +13.0% |
| FCATTLE | 2018-05-14 | [Higher feed grain prices pressure cattle feeder market - Canadian Cattlemen](https://feedsoft.ai/events/65129-higher-feed-grain-prices-pressure-cattle-feeder-market-canadian-cattlemen.md) | -4.5% | +5.4% |
| FCATTLE | 2019-07-17 | [Corn Price Impact on Feeder Cattle Prices \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/58222-corn-price-impact-on-feeder-cattle-prices-ohio-beef-cattle-letter.md) | +0.8% | -9.4% |
| FCATTLE | 2019-06-03 | [Delayed corn planting hits feeder cattle](https://feedsoft.ai/events/11381-delayed-corn-planting-hits-feeder-cattle.md) | +3.1% | +2.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/livestock/higher-corn-futures-cause-feeder-calf-prices-to-dip

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