# Drought conditions pull cattle forward in 2022; limited cattle supplies draw down 2023 production - Progressive Cattle | Ag Proud

> USDA Economic Research Service analysts report that two years of drought have deteriorated pasture conditions, with the 2022 pastureland index at its worst start since 1995. Drought is pushing calves into feedlots faster and driving record beef cow culling.

- Date: 2022-06-24 · published 2022-06-24T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/41082-drought-conditions-pull-cattle-forward-in-2022-limited-cattle-supplies-draw
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Reduced cow herd and earlier marketings tighten fed cattle supplies into late 2022 and 2023, supporting higher cattle prices.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2024-01-01 | [As drought tightened cattle production, 2023 markets soared  - High Plains Journal](https://feedsoft.ai/events/32247-as-drought-tightened-cattle-production-2023-markets-soared-high-plains-journal.md) | -0.4% | +2.3% |
| LCATTLE | 2023-02-03 | [CattleFax Forecasts Producer Profitability in 2023 with Potential Drought Relief for the West](https://feedsoft.ai/events/37485-cattlefax-forecasts-producer-profitability-in-2023-with-potential-drought.md) | +1.3% | +4.1% |
| 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 | 2022-11-13 | [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 | 2022-11-02 | [Terrain \| Drought-forced Cattle Movement Expected to Impact Markets into 2023](https://feedsoft.ai/events/7228-terrain-drought-forced-cattle-movement-expected-to-impact-markets-into-2023.md) | +0.4% | +1.7% |
| FCATTLE | 2024-01-01 | [As drought tightened cattle production, 2023 markets soared  - High Plains Journal](https://feedsoft.ai/events/32247-as-drought-tightened-cattle-production-2023-markets-soared-high-plains-journal.md) | +0.7% | +8.6% |
| FCATTLE | 2022-08-09 | [Coping with high feed prices, drought in 2022
						 \| The Cattle Site](https://feedsoft.ai/events/40182-coping-with-high-feed-prices-drought-in-2022-the-cattle-site.md) | -0.7% | +1.6% |
| FCATTLE | 2023-02-03 | [CattleFax Forecasts Producer Profitability in 2023 with Potential Drought Relief for the West](https://feedsoft.ai/events/37485-cattlefax-forecasts-producer-profitability-in-2023-with-potential-drought.md) | +0.5% | +2.2% |

## Sources

- agproud.com: https://www.agproud.com/articles/55185-drought-conditions-pull-cattle-forward-in-2022-limited-cattle-supplies-draw-down-2023-production

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