# The Cycle of Drought, Cowherd Liquidation and Higher Feeder Cattle Prices

> Severe drought across the West and parts of the Midwest has forced cow-calf producers to liquidate herds. Higher feeder cattle prices are expected as the reduced cowherd works through the market.

- Date: 2021-11-10 · published 2021-11-10T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/44208-the-cycle-of-drought-cowherd-liquidation-and-higher-feeder-cattle-prices
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Herd liquidation shrinks future calf supplies, which supports feeder cattle prices and makes restocking costly for producers.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2025-10-30 | [The source of high cattle and beef prices](https://feedsoft.ai/events/22522-the-source-of-high-cattle-and-beef-prices.md) | -6.4% | -9.4% |
| FCATTLE | 2025-01-01 | [Feeder cattle market: Prices ending 2024 on higher note](https://feedsoft.ai/events/27086-feeder-cattle-market-prices-ending-2024-on-higher-note.md) | +1.0% | +7.2% |
| FCATTLE | 2022-08-01 | [Maximizing Profits Under Drought Conditions, Higher Input Costs, and National Herd Liquidation \| UNL Beef \| Nebraska](https://feedsoft.ai/events/39970-maximizing-profits-under-drought-conditions-higher-input-costs-and-national.md) | +0.5% | +2.0% |
| FCATTLE | 2023-05-29 | [Feeder Cattle Prices Supported by Tight Supplies and Excellent Demand](https://feedsoft.ai/events/5225-feeder-cattle-prices-supported-by-tight-supplies-and-excellent-demand.md) | +3.7% | +2.0% |
| LCATTLE | 2025-10-30 | [The source of high cattle and beef prices](https://feedsoft.ai/events/22522-the-source-of-high-cattle-and-beef-prices.md) | -3.8% | -8.7% |
| LCATTLE | 2022-08-01 | [Maximizing Profits Under Drought Conditions, Higher Input Costs, and National Herd Liquidation \| UNL Beef \| Nebraska](https://feedsoft.ai/events/39970-maximizing-profits-under-drought-conditions-higher-input-costs-and-national.md) | +0.1% | +3.6% |
| LCATTLE | 2023-05-29 | [Feeder Cattle Prices Supported by Tight Supplies and Excellent Demand](https://feedsoft.ai/events/5225-feeder-cattle-prices-supported-by-tight-supplies-and-excellent-demand.md) | +3.5% | +5.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2021/11/10/cycle-drought-cowherd-liquidation

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