# U.S. livestock: Warming weather, easing feed costs spur rallies - Manitoba Co-operator

> CME feeder cattle futures rebounded as traders hoped feed costs would stay under pressure after reports that US buyers were importing Brazilian corn. USDA reported US planting well behind pace after repeated rain. Brazil's temporary halt of beef exports to China after a BSE case was seen as a knee-jerk reaction.

- Date: 2019-06-04 · published 2019-06-04T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/58726-u-s-livestock-warming-weather-easing-feed-costs-spur-rallies-manitoba-co
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Brazilian corn purchases by US buyers can cap domestic corn rallies tied to planting delays, which helps feed costs. Flooding-related planting delays point to upward pressure on corn, while the BSE case adds uncertainty for beef trade.

## Read by commodity

- CORN: neutral
- HOGS: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-07-06 | [U.S. Exports of Ethanol Ebbed while DDGS Rallied in May](https://feedsoft.ai/events/35031-u-s-exports-of-ethanol-ebbed-while-ddgs-rallied-in-may.md) | -0.0% | -6.6% |
| CORN | 2017-11-03 | [Feed barley marches 'lockstep' with U.S. corn - Grainews](https://feedsoft.ai/events/68063-feed-barley-marches-lockstep-with-u-s-corn-grainews.md) | -5.1% | -4.6% |
| CORN | 2022-08-18 | [Iowa farmers, ag leaders urge Tom Vilsack, Katherine Tai to lower tariffs to ease fertilizer costs](https://feedsoft.ai/events/40022-iowa-farmers-ag-leaders-urge-tom-vilsack-katherine-tai-to-lower-tariffs-to-ease.md) | +0.4% | +3.4% |
| CORN | 2019-06-18 | [US looking to import Latin American corn for ethanol feedstock  : The Daily Digest](https://feedsoft.ai/events/58687-us-looking-to-import-latin-american-corn-for-ethanol-feedstock-the-daily-digest.md) | +0.5% | -2.4% |
| CORN | 2022-04-06 | [China Diversifies Ag Imports, U.S. Gets Smaller Piece \| Feed & Grain](https://feedsoft.ai/events/14945-china-diversifies-ag-imports-u-s-gets-smaller-piece-feed-and-grain.md) | -1.9% | -6.1% |
| FCATTLE | 2018-07-18 | [U.S. livestock: CME cattle rise but hog futures weaken - Grainews](https://feedsoft.ai/events/5215-u-s-livestock-cme-cattle-rise-but-hog-futures-weaken-grainews.md) | +1.0% | -1.6% |
| FCATTLE | 2018-03-09 | [RCALF USA calls for tariff on livestock imports \| TheFencePost.com](https://feedsoft.ai/events/65945-rcalf-usa-calls-for-tariff-on-livestock-imports-thefencepost-com.md) | -0.8% | -4.5% |
| FCATTLE | 2020-11-05 | [U.S. livestock: Cattle futures up on firm cash, export hopes - Grainews](https://feedsoft.ai/events/7937-u-s-livestock-cattle-futures-up-on-firm-cash-export-hopes-grainews.md) | +2.1% | +1.5% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/u-s-livestock-warming-weather-easing-feed-costs-spur-rallies/

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