# US drought could have implications for beef exports
						 | The Cattle Site

> AHDB analyst Rebecca Wright says about a third of the US cattle herd is in drought areas, with many pastures in poor condition and cow and heifer slaughter rising early. USDA data show beef cows down 2% and replacement heifers contracting, while dairy herd is expanding. US beef production is forecast at 12.7 million tonnes, with exports expected to grow.

- Date: 2021-08-18 · published 2021-08-18T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/45518-us-drought-could-have-implications-for-beef-exports-the-cattle-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Drought-driven early slaughter and rising feed costs tighten future cattle supplies, supporting higher cattle prices, while export growth adds demand for US beef.

## Read by commodity

- CORN: neutral
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-08-27 | [Live cattle gain as heat impacts producers - CME
						 \| The Beef Site](https://feedsoft.ai/events/34714-live-cattle-gain-as-heat-impacts-producers-cme-the-beef-site.md) | -0.8% | +1.5% |
| 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% |
| 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% |
| LCATTLE | 2022-07-28 | [Fewer cattle expected as cow herds shrink due to drought \| The Western Producer](https://feedsoft.ai/events/40618-fewer-cattle-expected-as-cow-herds-shrink-due-to-drought-the-western-producer.md) | -0.1% | +3.7% |
| LCATTLE | 2021-08-13 | [How this summer's drought could have you paying high beef prices again next year \| CBC News](https://feedsoft.ai/events/45514-how-this-summer-s-drought-could-have-you-paying-high-beef-prices-again-next.md) | -0.1% | +1.0% |
| 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 | 2023-08-27 | [Live cattle gain as heat impacts producers - CME
						 \| The Beef Site](https://feedsoft.ai/events/34714-live-cattle-gain-as-heat-impacts-producers-cme-the-beef-site.md) | +1.7% | +2.5% |
| 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% |

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/57318/us-drought-could-have-implications-for-beef-exports

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