Scientists expect more drought this year in parts of the Midwest and Great Plains

After 80 past bullish weather events, Live Cattle moved a median +0.1% over 5 sessions (54% higher; middle half -0.8% to +1.3%), and +0.7% over 20.

• Apr 20, 2023This spring brings worry rather than rain for some parts of the Great Plains and Midwest-0.8%
• Feb 12, 2018Drought relief expected to help grain and cattle outlook - High Plains Journal+1.5%
• Jan 10, 2023Three drought years expected to push US cattle inventory to 72-year low | An official publication of Michigan Farm Bureau-0.3%
• May 21, 2026Drought Monitor shows slight improvement in Midwest - Pro Farmer-0.8%
• Nov 2, 2022Terrain | Drought-forced Cattle Movement Expected to Impact Markets into 2023+0.4%

After 79 past bullish weather events, Feeder Cattle moved a median +0.1% over 5 sessions (53% higher; middle half -1.4% to +1.7%), and +1.4% over 20.

• Feb 12, 2018Drought relief expected to help grain and cattle outlook - High Plains Journal+2.4%
• Jan 10, 2023Three drought years expected to push US cattle inventory to 72-year low | An official publication of Michigan Farm Bureau-2.2%
• Mar 26, 2021Drought Update for the Southern Plains DEWS | March 26, 2021 | Drought.gov+5.7%
• Aug 13, 2021How this summer's drought could have you paying high beef prices again next year | CBC News-0.3%
• Jul 28, 2022Fewer cattle expected as cow herds shrink due to drought | The Western Producer+0.1%

After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Apr 20, 2023This spring brings worry rather than rain for some parts of the Great Plains and Midwest-1.0%
• Feb 22, 2021Continued Plains, Western Midwest Drought Expected+1.6%
• Jul 12, 2017Drought Likely to Worsen in Northern Plains, Patches of Midwest-4.1%
• Sep 10, 2026Drought expands in the lower Midwest - Pro Farmer+4.3%
• Aug 12, 2021'Once in 100 years' drought seen affecting Argentine grains exports into next year+0.7%