# 2019 could squeeze livestock profitability even more - Brownfield Ag News

> USDA's first 2018/19 projections raise corn prices by about 50 cents and soybean meal prices by $25 per ton relative to the long-term baseline. Meat production is projected to rise 2.3 to 2.4 percent in 2019 after a near 3 percent increase in 2018.

- Date: 2018-05-21 · published 2018-05-21T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/65128-2019-could-squeeze-livestock-profitability-even-more-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Higher projected feed grain and meal prices combined with rising meat supplies squeeze livestock margins. Expectations of stronger feed costs support corn and soymeal prices while weighing on livestock prices.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- HOGS: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-10-12 | [More volatility ahead in the livestock markets - Brownfield Ag News](https://feedsoft.ai/events/50749-more-volatility-ahead-in-the-livestock-markets-brownfield-ag-news.md) | +2.1% | +5.7% |
| CORN | 2021-04-12 | [Feed prices will weigh on livestock budgets - Brownfield Ag News](https://feedsoft.ai/events/47726-feed-prices-will-weigh-on-livestock-budgets-brownfield-ag-news.md) | +0.9% | +25.0% |
| CORN | 2026-10-21 | [More new crop corn boosts ethanol production - Brownfield Ag News](https://feedsoft.ai/events/17109-more-new-crop-corn-boosts-ethanol-production-brownfield-ag-news.md) | -1.9% | — |
| CORN | 2017-12-12 | [USDA lowers corn ending stocks estimate - Brownfield Ag News](https://feedsoft.ai/events/67346-usda-lowers-corn-ending-stocks-estimate-brownfield-ag-news.md) | +1.9% | +2.2% |
| CORN | 2021-01-12 | [USDA: corn, soybean production up in 2020 - Brownfield Ag News](https://feedsoft.ai/events/49002-usda-corn-soybean-production-up-in-2020-brownfield-ag-news.md) | +5.8% | +11.6% |
| SBM | 2020-10-12 | [More volatility ahead in the livestock markets - Brownfield Ag News](https://feedsoft.ai/events/50749-more-volatility-ahead-in-the-livestock-markets-brownfield-ag-news.md) | +1.2% | +5.3% |
| SBM | 2018-11-08 | [USDA lowers 2018 corn, soybean crop estimates - Brownfield Ag News](https://feedsoft.ai/events/61892-usda-lowers-2018-corn-soybean-crop-estimates-brownfield-ag-news.md) | -0.7% | +0.4% |
| SBM | 2025-03-11 | [Modest post-WASDE losses for soybeans, corn, wheat - Brownfield Ag News](https://feedsoft.ai/events/25671-modest-post-wasde-losses-for-soybeans-corn-wheat-brownfield-ag-news.md) | +2.7% | -1.1% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/2019-could-squeeze-livestock-profitability-even-more/

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