# Corn Rally Keeping Feeders Under Pressure

> DTN analyst Todd Hultman says August feeder cattle fell $1.72 to $135.52 per cwt, near two-year lows, after peaking in mid-April. Live cattle gained slightly but remain in a downtrend. Rising corn prices and slower US economic growth talk are cited as bearish pressures.

- Date: 2019-06-17 · published 2019-06-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58730-corn-rally-keeping-feeders-under-pressure
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rising corn prices raise the cost of feeding cattle and push feeder values lower, making the feed-cattle price spread a key concern for feed buyers. Corn strength is likely to keep feeder demand under pressure.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2019/06/17/corn-rally-keeping-feeders-pressure

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