# Cattle Report 6/24/2019 | Tift County Extension Producer Updates

> A University of Georgia extension cattle report notes late Midwest corn plantings and lower corn acres have pushed corn futures higher. Southeastern steer and heifer prices fell about $2 from the prior week, and feed rations may shift toward wheat or sorghum as corn rises.

- Date: 2019-06-24 · published 2019-06-24T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/58731-cattle-report-6-24-2019-tift-county-extension-producer-updates
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Higher corn prices are passing through to lower cattle values and encouraging feedlots to substitute cheaper grains such as wheat and sorghum. This supports demand for those alternative feed ingredients.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- FCATTLE: bearish ▼
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-07-03 | [Corn prices headed up? \| MU Extension](https://feedsoft.ai/events/58129-corn-prices-headed-up-mu-extension.md) | +2.9% | -0.2% |
| CORN | 2019-05-24 | [Cattle Current Weekly Highlights—Week ending May 24, 2019 – Cattle Current Market Update](https://feedsoft.ai/events/5752-cattle-current-weekly-highlights-week-ending-may-24-2019-cattle-current-market.md) | +7.1% | +10.0% |
| CORN | 2024-03-30 | [W12 Maize (Corn) Update: Brazil's 2023/24 Safrinha Corn Crop Faces Dryness Concerns, Conab Reduces 2023/24 Corn Production Estimates](https://feedsoft.ai/events/31219-w12-maize-corn-update-brazil-s-2023-24-safrinha-corn-crop-faces-dryness.md) | -4.2% | -6.0% |
| CORN | 2017-07-10 | [Grain, Byproducts Are Options for Cattle During Drought — Extension and Ag Research News](https://feedsoft.ai/events/70078-grain-byproducts-are-options-for-cattle-during-drought-extension-and-ag.md) | -3.8% | -3.6% |
| CORN | 2020-07-13 | [Too little water, too much heat puts tasseling corn at risk \| MU Extension](https://feedsoft.ai/events/51953-too-little-water-too-much-heat-puts-tasseling-corn-at-risk-mu-extension.md) | -1.6% | -5.7% |
| FCATTLE | 2019-05-24 | [Cattle Current Weekly Highlights—Week ending May 24, 2019 – Cattle Current Market Update](https://feedsoft.ai/events/5752-cattle-current-weekly-highlights-week-ending-may-24-2019-cattle-current-market.md) | -1.8% | -1.4% |
| FCATTLE | 2018-07-11 | [Spotlight on Economics: Cattle Price Volatility Continues — Extension and Ag Research News](https://feedsoft.ai/events/63965-spotlight-on-economics-cattle-price-volatility-continues-extension-and-ag.md) | -0.4% | -1.3% |
| FCATTLE | 2022-09-30 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/39716-national-feeder-and-stocker-cattle-report-capital-press.md) | -0.1% | 0.0% |

## Sources

- site.extension.uga.edu: https://site.extension.uga.edu/tiftcoag/2019/06/cattle-report-6-24-2019/

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