Ongoing drought could spell lower future cattle supplies - RFD-TV

After 268 past bullish report events, LCATTLE moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.

• Apr 2, 2023Futures File: Cattle bolt on low supplies - CNHI+3.5%
• Jun 28, 2021Grinding through fed Cattle Supplies+0.7%
• Jul 28, 2025US cattle futures rise on record-low herd, tight supply - CME | The Beef Site+1.1%
• Apr 12, 2023Fed Cattle Supplies+3.3%
• Apr 12, 2023Fed Cattle Supplies | Ohio BEEF Cattle Letter+3.3%

After 227 past bullish report events, FCATTLE moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% over 20.

• Jun 28, 2021Grinding through fed Cattle Supplies-1.6%
• Jul 28, 2025US cattle futures rise on record-low herd, tight supply - CME | The Beef Site+1.0%
• Apr 12, 2023Fed Cattle Supplies+1.9%
• Apr 12, 2023Fed Cattle Supplies | Ohio BEEF Cattle Letter+1.9%
• Nov 20, 2023Cattle futures rise on lower-than-expected placements - CME | The Cattle Site-6.9%