# Higher priced corn challenging cattle prices | Iowa Agribusiness Radio Network

> Higher corn prices, which rose nearly a dollar a bushel this spring, are challenging cattle feeding margins. The USDA June Cattle on Feed report showed inventory 2% above a year earlier, the highest June 1 level since 1996, with placements 3% below 2018.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/9501-higher-priced-corn-challenging-cattle-prices-iowa-agribusiness-radio-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Larger feedlot inventories and rising feed costs weigh on feedlot margins and cattle prices, though placements slightly below last year offer some support.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-07-22 | [High feed prices challenge cattle producers \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58234-high-feed-prices-challenge-cattle-producers-iowa-agribusiness-radio-network.md) | -2.0% | -10.6% |
| CORN | 2021-02-12 | [Rising feed costs may change feeder cattle market \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/48785-rising-feed-costs-may-change-feeder-cattle-market-iowa-agribusiness-radio.md) | -1.6% | +3.1% |
| CORN | 2018-02-09 | [Corn price in sweet spot, soybeans may falter \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/66525-corn-price-in-sweet-spot-soybeans-may-falter-iowa-agribusiness-radio-network.md) | +0.2% | +3.3% |
| CORN | 2018-03-08 | [Weather premium running dry \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/10889-weather-premium-running-dry-iowa-agribusiness-radio-network.md) | +2.4% | +5.3% |
| CORN | 2021-08-12 | [Markets higher after ?exciting? WASDE Report \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/45503-markets-higher-after-exciting-wasde-report-iowa-agribusiness-radio-network.md) | +0.7% | -7.7% |
| LCATTLE | 2019-07-22 | [High feed prices challenge cattle producers \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58234-high-feed-prices-challenge-cattle-producers-iowa-agribusiness-radio-network.md) | +0.3% | -4.1% |
| LCATTLE | 2018-06-26 | [Feedlots full, cattle prices slipping \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/64644-feedlots-full-cattle-prices-slipping-iowa-agribusiness-radio-network.md) | -0.4% | +2.8% |
| LCATTLE | 2018-05-31 | [Beef prices are coming down. Consumers rejoice, producers retrench. \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/65131-beef-prices-are-coming-down-consumers-rejoice-producers-retrench-iowa.md) | +1.2% | -0.2% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/higher-priced-corn-challenging-cattle-prices/

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