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CattleFax outlook at CattleCon 2026 in Nashville described the cattle market as strong but volatile, with tight inventories and record beef demand supporting prices near cyclical highs. Its weather outlook expects La Niña to dissipate by March, with drought risk elevated across the Southern US and Central Plains.
Tight cattle supplies and a transition to El Niño could keep feeder and fed cattle prices firm while weather shapes feed grain and forage availability for feedlots.
ncba.orgFeb 5, 2026After 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.
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.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
