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A Farm Bureau economist says inventory, drought and input costs are the biggest factors shaping the 2022 US cattle market. The piece is a brief summary pointing to a longer article.
Drought-driven herd liquidation and rising input costs affect future beef and feeder supply, which shapes cattle price expectations.
iowafarmbureau.comMay 26, 2022After 21 past neutral weather events, FCATTLE moved a median +1.7% over 5 sessions (67% higher; middle half -0.1% to +2.3%), and -0.2% over 20.
After 20 past neutral weather events, LCATTLE moved a median +0.4% over 5 sessions (60% higher; middle half -0.3% to +1.2%), and +3.0% 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.
