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Southern Ag Today reports that the chance of a third consecutive La Niña is rising, which typically brings drought to the Southern Plains. The article recommends drought management strategies for cow-calf operations, such as early weaning, destocking and restocking, and cites a saving of $426 per breeding cow unit.
Drought-driven herd liquidation tightens cattle supply and supports feeder and live cattle prices over time, while higher feed costs weigh on margins.
southernagtoday.orgFrancisco AbelloMay 17, 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 80 past bullish weather events, Live Cattle moved a median +0.1% over 5 sessions (54% higher; middle half -0.8% to +1.3%), and +0.7% 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.
