# Prospect of higher feed costs generating challenge and opportunity - Texas & Southwestern Cattle Raisers Association

> Oklahoma State economist Derrell Peel says farmers are likely to forgo planting millions of acres of corn and soybeans due to the wet season. He says this is already affecting the beef supply chain from feedlots to cow-calf producers. Larger protein supplies and softening demand are also cited as headwinds.

- Date: 2019-06-19 · published 2019-06-19T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/58725-prospect-of-higher-feed-costs-generating-challenge-and-opportunity-texas-and
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Prevented planting reduces expected grain supply, supporting corn and soybean prices and raising feed costs for cattle feeders. Cattle margins face pressure from this cost squeeze.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| CORN | 2019-06-04 | [How the late 2019 crop could impact cattle prices - Texas and Southwestern Cattle Raisers Association](https://feedsoft.ai/events/11386-how-the-late-2019-crop-could-impact-cattle-prices-texas-and-southwestern-cattle.md) | -0.7% | -0.2% |
| CORN | 2020-08-21 | [Livestock Wx for 8/21/20: Predicting derechos; La Niña odds influence Sep-Oct-Nov outlook - Texas and Southwestern Cattle Raisers Association](https://feedsoft.ai/events/51522-livestock-wx-for-8-21-20-predicting-derechos-la-nina-odds-influence-sep-oct-nov.md) | +3.5% | +11.2% |
| CORN | 2019-11-25 | [Livestock Wx for 11-22-19: No El Niño, No La Niña, So What's Driving NOAA Outlooks? - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/55984-livestock-wx-for-11-22-19-no-el-nino-no-la-nina-so-what-s-driving-noaa-outlooks.md) | +1.6% | +2.4% |
| CORN | 2021-03-11 | [Northern Ireland Grain Trade Association - TIGHT SUPPLY DRIVES UP FEED AND FERTILISER PRICES](https://feedsoft.ai/events/48430-northern-ireland-grain-trade-association-tight-supply-drives-up-feed-and.md) | -7.7% | +3.4% |
| SOY | 2021-03-11 | [Northern Ireland Grain Trade Association - TIGHT SUPPLY DRIVES UP FEED AND FERTILISER PRICES](https://feedsoft.ai/events/48430-northern-ireland-grain-trade-association-tight-supply-drives-up-feed-and.md) | +0.4% | +0.3% |
| SOY | 2023-01-06 | [Kansas soybean growers felt pain of production challenges - High Plains Journal](https://feedsoft.ai/events/13309-kansas-soybean-growers-felt-pain-of-production-challenges-high-plains-journal.md) | +4.3% | +4.4% |
| SOY | 2026-03-24 | [Brazilian Rainfall Patterns Boost Second-Crop Corn and Cotton While Challenging Soybean Harvest \| Tridge Insights](https://feedsoft.ai/events/13446-brazilian-rainfall-patterns-boost-second-crop-corn-and-cotton-while-challenging.md) | -0.3% | +0.9% |

## Sources

- tscra.org: https://tscra.org/prospect-of-higher-feed-costs-generating-challenge-and-opportunity/

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