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Drought and high grain and forage prices are raising annual cow costs for US producers in 2022. Nebraska precipitation outlooks lean below normal, with temperatures likely above normal.
Beef cow inventory is declining, which is expected to lift feeder cattle prices into 2025.
Drought-driven feed and forage costs squeeze cow-calf margins and can accelerate herd liquidation. Smaller future feeder supplies support higher feeder cattle prices.
thecattlesite.comAug 9, 2022After 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 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.
