# CME feeder cattle approach one-month low as corn jumps | Financial Post

> CME feeder cattle futures neared a one-month low as grain futures rallied on unconfirmed reports that Russian missiles entered NATO member Poland. Corn, wheat and soybean futures gained on fears of escalating geopolitical tension. Live cattle were mixed and wholesale beef prices were mixed, with Choice up and Select down.

- Date: 2022-11-15 · published 2022-11-15T12:00:00.000Z
- Category: geopolitics · region Eastern Europe · magnitude medium
- Page: https://feedsoft.ai/events/7174-cme-feeder-cattle-approach-one-month-low-as-corn-jumps-financial-post
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher corn, wheat and soybean prices raise feed costs for livestock producers and tend to weigh on feeder cattle values. The geopolitical risk also adds volatility to grain markets.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-02-28 | [Wheat jumps most in a decade; corn, soybeans firm on supply woes \| Financial Post](https://feedsoft.ai/events/9673-wheat-jumps-most-in-a-decade-corn-soybeans-firm-on-supply-woes-financial-post.md) | +10.4% | +14.4% |
| CORN | 2019-09-16 | [Corn firms as oil rally offsets good crop weather in U.S. Midwest \| Financial Post](https://feedsoft.ai/events/9438-corn-firms-as-oil-rally-offsets-good-crop-weather-in-u-s-midwest-financial-post.md) | +3.4% | +8.3% |
| CORN | 2022-03-21 | [U.S. wheat, corn, soy rally on concerns about Ukraine-Russia fighting \| Financial Post](https://feedsoft.ai/events/6241-u-s-wheat-corn-soy-rally-on-concerns-about-ukraine-russia-fighting-financial.md) | +1.5% | +11.2% |
| CORN | 2022-09-28 | [Wheat up on war worries; corn, soy also firm despite recession fears \| Financial Post](https://feedsoft.ai/events/39646-wheat-up-on-war-worries-corn-soy-also-firm-despite-recession-fears-financial.md) | +1.9% | +4.4% |
| CORN | 2026-03-16 | [Iran War: Asian feed millers take ‘wait‑and‑see’ approach as corn prices surge](https://feedsoft.ai/events/20358-iran-war-asian-feed-millers-take-wait-and-see-approach-as-corn-prices-surge.md) | +2.4% | -1.7% |
| WHEAT | 2022-02-28 | [Wheat jumps most in a decade; corn, soybeans firm on supply woes \| Financial Post](https://feedsoft.ai/events/9673-wheat-jumps-most-in-a-decade-corn-soybeans-firm-on-supply-woes-financial-post.md) | +12.1% | +26.0% |
| WHEAT | 2019-09-16 | [Corn firms as oil rally offsets good crop weather in U.S. Midwest \| Financial Post](https://feedsoft.ai/events/9438-corn-firms-as-oil-rally-offsets-good-crop-weather-in-u-s-midwest-financial-post.md) | +2.1% | +1.2% |
| WHEAT | 2022-03-21 | [U.S. wheat, corn, soy rally on concerns about Ukraine-Russia fighting \| Financial Post](https://feedsoft.ai/events/6241-u-s-wheat-corn-soy-rally-on-concerns-about-ukraine-russia-fighting-financial.md) | +15.8% | +5.9% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/cme-feeder-cattle-approach-one-month-low-as-corn-jumps

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