# Cow-Calf Corner | March 24, 2024 | Oklahoma State University

> Chihuahua, Mexico has suffered two years of severe drought, with rainfall well below average and pastures bare. Producers have liquidated cows and relocated herds, while the US border closure to Mexican cattle from late November through early February cut shipments. Holding cattle is costly, and producers are hoping for a normal June rainy season.

- Date: 2024-03-24 · published 2024-03-24T12:00:00.000Z
- Category: weather · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/31162-cow-calf-corner-march-24-2024-oklahoma-state-university
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Reduced Mexican herds and limited feed cut the feeder cattle supply available to US feedlots, supporting feeder cattle prices. Continued drought would keep the Mexican supply tight.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2023-05-15 | [Cow-Calf Corner \| May 15, 2023 \| Oklahoma State University](https://feedsoft.ai/events/35880-cow-calf-corner-may-15-2023-oklahoma-state-university.md) | +0.4% | +16.3% |
| FCATTLE | 2022-07-25 | [Cow-Calf Corner \| July 25, 2022 \| Oklahoma State University](https://feedsoft.ai/events/40438-cow-calf-corner-july-25-2022-oklahoma-state-university.md) | -1.6% | -0.0% |
| FCATTLE | 2023-04-03 | [Cow-Calf Corner \| April 3, 2023 \| Oklahoma State University](https://feedsoft.ai/events/10377-cow-calf-corner-april-3-2023-oklahoma-state-university.md) | +0.0% | +4.4% |
| FCATTLE | 2018-10-08 | [Development of wheat pasture could mute seasonal low of feeder cattle prices \| Oklahoma State University](https://feedsoft.ai/events/62697-development-of-wheat-pasture-could-mute-seasonal-low-of-feeder-cattle-prices.md) | -1.9% | -3.3% |
| FCATTLE | 2022-11-02 | [Oklahoma Cattle Market Update](https://feedsoft.ai/events/38825-oklahoma-cattle-market-update.md) | +0.8% | +2.0% |
| LCATTLE | 2023-05-15 | [Cow-Calf Corner \| May 15, 2023 \| Oklahoma State University](https://feedsoft.ai/events/35880-cow-calf-corner-may-15-2023-oklahoma-state-university.md) | +0.5% | +6.5% |
| LCATTLE | 2022-07-25 | [Cow-Calf Corner \| July 25, 2022 \| Oklahoma State University](https://feedsoft.ai/events/40438-cow-calf-corner-july-25-2022-oklahoma-state-university.md) | -0.7% | +2.3% |
| LCATTLE | 2023-04-03 | [Cow-Calf Corner \| April 3, 2023 \| Oklahoma State University](https://feedsoft.ai/events/10377-cow-calf-corner-april-3-2023-oklahoma-state-university.md) | +3.5% | +2.7% |

## Sources

- extension.okstate.edu: https://extension.okstate.edu/programs/beef-extension/cow-calf-corner-the-newsletter-archives/2025/march-24-2025

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