# Insight: Drought forces North American ranchers to sell off their future | Reuters

> Reuters reports that drought in North America is forcing ranchers to sell off breeding stock and future calf crops. Historical data from Canada after the 2014 drought show beef prices rose about 25% in the following year.

- Date: 2021-09-03 · published 2021-09-03T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/45006-insight-drought-forces-north-american-ranchers-to-sell-off-their-future-reuters
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Herd liquidation reduces future cattle supply, which typically raises beef and feeder cattle prices later, while increasing near-term feeder cattle supply.

## 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 | 2025-10-22 | [Trump calls for cheaper cattle, more grazing lands in effort to trim beef prices \| Reuters](https://feedsoft.ai/events/6336-trump-calls-for-cheaper-cattle-more-grazing-lands-in-effort-to-trim-beef-prices.md) | -7.7% | -8.6% |
| FCATTLE | 2021-11-10 | [The Cycle of Drought, Cowherd Liquidation and Higher Feeder Cattle Prices](https://feedsoft.ai/events/44208-the-cycle-of-drought-cowherd-liquidation-and-higher-feeder-cattle-prices.md) | -1.4% | +3.5% |
| FCATTLE | 2022-04-27 | [Counting Cows: Drought, Costs Will Drive Further Reductions - Drovers](https://feedsoft.ai/events/41786-counting-cows-drought-costs-will-drive-further-reductions-drovers.md) | +4.0% | -1.1% |
| FCATTLE | 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) | +2.2% | +3.8% |
| LCATTLE | 2020-01-08 | [Cattle prices forecast to jump when drought breaks as farmers forced to sell breeding stock - ABC News](https://feedsoft.ai/events/55034-cattle-prices-forecast-to-jump-when-drought-breaks-as-farmers-forced-to-sell.md) | +0.2% | -2.8% |
| LCATTLE | 2025-10-22 | [Trump calls for cheaper cattle, more grazing lands in effort to trim beef prices \| Reuters](https://feedsoft.ai/events/6336-trump-calls-for-cheaper-cattle-more-grazing-lands-in-effort-to-trim-beef-prices.md) | -3.8% | -7.9% |
| LCATTLE | 2021-11-10 | [The Cycle of Drought, Cowherd Liquidation and Higher Feeder Cattle Prices](https://feedsoft.ai/events/44208-the-cycle-of-drought-cowherd-liquidation-and-higher-feeder-cattle-prices.md) | +0.7% | +6.3% |

## Sources

- reuters.com: https://www.reuters.com/business/sustainable-business/drought-forces-north-american-ranchers-sell-off-their-future-2021-09-03/

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