# Feed cost increases have feedyards paying attention to the weather market - RealAgriculture

> Slow US corn planting and wet weather in the US and Ontario raised feed cost concerns for feedyards, with some analysts suggesting unplanted US acres could exceed 30 million. Lethbridge feed barley was about $5.35 per bushel for spot delivery, and Prairie drought raised the prospect of a Canadian barley shortfall. Feedyards were advised to watch the market closely.

- Date: 2019-06-02 · published 2019-06-02T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/58669-feed-cost-increases-have-feedyards-paying-attention-to-the-weather-market
- 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

Prevent-plant risk could cut US corn supply and lift feed grain prices, while Prairie drought adds upside for Canadian barley and raises feedlot costs.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2019-05-30 | 5 | -7.1% | -3.7 | Slow US corn planting and weather concerns raised feed costs for feedyards, a bearish input-cost factor for feeders. |
| FCATTLE | 2019-05-30 | 1 | -3.7% | -3.1 | Slow corn planting and wet weather raised feed cost fears, supporting the input-cost mechanism behind feeder selling. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-05-18 | [Politics lure prices higher — this week in the grain markets - RealAgriculture](https://feedsoft.ai/events/12126-politics-lure-prices-higher-this-week-in-the-grain-markets-realagriculture.md) | +3.2% | +10.8% |
| CORN | 2019-05-19 | [Markets finally respond to wet weather - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/5629-markets-finally-respond-to-wet-weather-agweek-1-source-for-agriculture-news.md) | +3.2% | +10.8% |
| CORN | 2023-05-26 | [From too wet, to too dry, weather takes control of market direction - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13280-from-too-wet-to-too-dry-weather-takes-control-of-market-direction-agweek-1.md) | -4.9% | +0.1% |
| CORN | 2020-08-15 | [Bearish August WASDE and a small rally — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/10687-bearish-august-wasde-and-a-small-rally-this-week-in-the-grain-markets.md) | +1.3% | +9.3% |
| CORN | 2021-04-28 | [Global weather driving price rises in grains and oilseeds: Feed market report \| AHDB](https://feedsoft.ai/events/9793-global-weather-driving-price-rises-in-grains-and-oilseeds-feed-market-report.md) | +4.4% | -7.3% |
| FCATTLE | 2018-07-29 | [Beef Market Update: Quiet trade week as we get closer to the halfway point of summer - RealAgriculture](https://feedsoft.ai/events/64172-beef-market-update-quiet-trade-week-as-we-get-closer-to-the-halfway-point-of.md) | +0.4% | -2.0% |
| FCATTLE | 2018-05-30 | [What’s the most disruptive influence in the cattle market? Weather](https://feedsoft.ai/events/65154-what-s-the-most-disruptive-influence-in-the-cattle-market-weather.md) | +0.8% | +0.8% |
| 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% |

## Sources

- realagriculture.com: https://www.realagriculture.com/2019/06/feed-cost-increases-have-feedyards-paying-attention-to-the-weather-market/

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