# Cattle Prices Pt 1 - AG INFORMATION NETWORK OF THE WEST

> CattleFax CEO Randy Blach said cattle prices will rise over the next few years, citing a shrinking US cattle inventory due to extreme drought and beef demand at a 33-year high. He also projected US corn averaging $5 to $5.50 in 2022.

- Date: 2021-08-20 · published 2021-08-20T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/10057-cattle-prices-pt-1-ag-information-network-of-the-west
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A shrinking herd and drought-driven supply tightening support higher cattle prices and suggest firmer corn demand from feedlots.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2025-10-30 | [The source of high cattle and beef prices](https://feedsoft.ai/events/22522-the-source-of-high-cattle-and-beef-prices.md) | -3.8% | -8.7% |
| LCATTLE | 2021-11-10 | [The Cycle of Drought, Cowherd Liquidation and Higher Feeder Cattle Prices](https://feedsoft.ai/events/44208-the-cycle-of-drought-cowherd-liquidation-and-higher-feeder-cattle-prices.md) | +0.7% | +6.3% |
| LCATTLE | 2019-03-02 | [Fed cattle prices climb](https://feedsoft.ai/events/60221-fed-cattle-prices-climb.md) | +0.8% | -0.5% |
| LCATTLE | 2020-01-08 | [Cattle prices forecast to jump when drought breaks as farmers forced to sell breeding stock - ABC News](https://feedsoft.ai/events/55034-cattle-prices-forecast-to-jump-when-drought-breaks-as-farmers-forced-to-sell.md) | +0.2% | -2.8% |
| LCATTLE | 2026-08-04 | [Grains Fall on Profit Taking, Weather, Money Flow: Cattle See Strong Chart Action - AgWeb](https://feedsoft.ai/events/12808-grains-fall-on-profit-taking-weather-money-flow-cattle-see-strong-chart-action.md) | +0.9% | -5.2% |
| FCATTLE | 2025-10-30 | [The source of high cattle and beef prices](https://feedsoft.ai/events/22522-the-source-of-high-cattle-and-beef-prices.md) | -6.4% | -9.4% |
| FCATTLE | 2021-11-10 | [The Cycle of Drought, Cowherd Liquidation and Higher Feeder Cattle Prices](https://feedsoft.ai/events/44208-the-cycle-of-drought-cowherd-liquidation-and-higher-feeder-cattle-prices.md) | -1.4% | +3.5% |
| FCATTLE | 2022-11-03 | [Rising input costs may overwhelm cattle prices \| The Western Producer](https://feedsoft.ai/events/7224-rising-input-costs-may-overwhelm-cattle-prices-the-western-producer.md) | -0.7% | +1.2% |

## Sources

- aginfo.net: https://www.aginfo.net/report/50510/Washington-State-Farm-Bureau-Report/Cattle-Prices-Pt-1

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