# Return of US drought delays cattle-herd rebuilding, hurting Tyson Foods

> Reuters reports that US drought is delaying cattle herd rebuilding, with ranchers sending heifers and young calves to feedlots earlier than normal due to pasture shortages and high cattle prices. The article links the trend to pressure on Tyson Foods ahead of its quarterly earnings.

- Date: 2024-11-11 · published 2024-11-11T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/27539-return-of-us-drought-delays-cattle-herd-rebuilding-hurting-tyson-foods
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tight cattle supplies and early placements into feedlots keep fed cattle prices supported while reducing future beef output, which supports feeder cattle prices and grain demand for feeding.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-08-18 | [US drought could have implications for beef exports
						 \| The Cattle Site](https://feedsoft.ai/events/45518-us-drought-could-have-implications-for-beef-exports-the-cattle-site.md) | +1.9% | +0.9% |
| LCATTLE | 2022-07-28 | [Fewer cattle expected as cow herds shrink due to drought \| The Western Producer](https://feedsoft.ai/events/40618-fewer-cattle-expected-as-cow-herds-shrink-due-to-drought-the-western-producer.md) | -0.1% | +3.7% |
| LCATTLE | 2022-11-13 | [All Drought, No Cattle: Low herd supply may drive record-high prices next year](https://feedsoft.ai/events/38615-all-drought-no-cattle-low-herd-supply-may-drive-record-high-prices-next-year.md) | +0.8% | +2.2% |
| LCATTLE | 2018-02-12 | [Drought relief expected to help grain and cattle outlook - High Plains Journal](https://feedsoft.ai/events/66423-drought-relief-expected-to-help-grain-and-cattle-outlook-high-plains-journal.md) | +1.5% | -1.0% |
| CORN | 2019-06-03 | [Delayed corn planting hits feeder cattle](https://feedsoft.ai/events/11381-delayed-corn-planting-hits-feeder-cattle.md) | -1.9% | +1.4% |
| CORN | 2022-07-28 | [Fewer cattle expected as cow herds shrink due to drought \| The Western Producer](https://feedsoft.ai/events/40618-fewer-cattle-expected-as-cow-herds-shrink-due-to-drought-the-western-producer.md) | +2.8% | +5.6% |
| CORN | 2022-11-13 | [All Drought, No Cattle: Low herd supply may drive record-high prices next year](https://feedsoft.ai/events/38615-all-drought-no-cattle-low-herd-supply-may-drive-record-high-prices-next-year.md) | +2.6% | -3.8% |

## Sources

- reuters.com: https://www.reuters.com/business/environment/return-us-drought-delays-cattle-herd-rebuilding-hurting-tyson-foods-2024-11-11/

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