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CattleFax outlook seminar at CattleCon 2025 forecast another year of strong beef market performance driven by tight cattle supplies and robust demand. Meteorologist Matt Makens flagged La Niña-driven volatility and expanding drought risk across the Western US, Plains and Canadian Prairies this spring and summer.
Tight cattle supplies support high cattle prices, while forecast drought in western grazing areas could tighten herd supply further and boost feed demand.
ncba.orgNCBAFeb 6, 2025After 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.
