# Weekly Market Highlights – Cattle Current Market Update

> Cash calf and feeder cattle prices were mainly steady to higher early in the week, then lost ground as it progressed. Feeder cattle futures fell an average of 4.93 while corn futures rose, and drought concerns weighed on grass cattle demand. USDA raised its forecast for feeder steer prices for the rest of the year.

- Date: 2017-05-30 · published 2017-05-30T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/9900-weekly-market-highlights-cattle-current-market-update
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher feed costs and drought-driven pressure on cattle demand weigh on feeder cattle values, while higher corn prices raise feeding costs. The upward USDA price forecast partly offsets this bearish tone.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-10-07 | [Fall Cattle Market Update for Midwest](https://feedsoft.ai/events/28014-fall-cattle-market-update-for-midwest.md) | +0.1% | -1.1% |
| FCATTLE | 2019-06-03 | [Agri Marketing Update](https://feedsoft.ai/events/11385-agri-marketing-update.md) | +3.1% | +2.8% |
| FCATTLE | 2018-05-14 | [Higher feed grain prices pressure cattle feeder market - Canadian Cattlemen](https://feedsoft.ai/events/65129-higher-feed-grain-prices-pressure-cattle-feeder-market-canadian-cattlemen.md) | -4.5% | +5.4% |
| FCATTLE | 2018-05-30 | [What’s the most disruptive influence in the cattle market? Weather](https://feedsoft.ai/events/65154-what-s-the-most-disruptive-influence-in-the-cattle-market-weather.md) | +0.8% | +0.8% |
| 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 | 2020-08-28 | [Farming News - ADM Wheat & OSR weekly market update](https://feedsoft.ai/events/51661-farming-news-adm-wheat-and-osr-weekly-market-update.md) | +0.0% | +5.4% |
| CORN | 2025-02-28 | [W8 2025: Maize Weekly Update](https://feedsoft.ai/events/26086-w8-2025-maize-weekly-update.md) | -2.4% | +0.5% |

## Sources

- cattlecurrent.com: https://cattlecurrent.com/weekly-cattle-current-market-highlights/

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