# Montana Ag Network: Cattle ranchers feeling the pressure of higher feed prices

> Montana cattle sold at auction in Billings at prices about $10 lower than a year earlier, with nearly 50,000 head offered. Auction executives attributed the weakness to higher feed costs tied to the spring planting delays in the U.S. Corn Belt.

- Date: 2019-07-01 · published 2019-07-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9496-montana-ag-network-cattle-ranchers-feeling-the-pressure-of-higher-feed-prices
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher corn prices raise feeding costs and reduce what feedlots can pay for calves, pressuring feeder cattle values.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bearish ▼

## Sources

- kpax.com: https://www.kpax.com/montana-ag-network/2019/07/01/montana-ag-network-cattle-ranchers-feeling-the-pressure-of-higher-feed-prices/

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