# 1,4 million cattle sold during drought … restocking hinders supply of beef to markets

> Namibia's Meat Board reports that producers sold over 1.36 million cattle during the 2017-2019 drought, with marketing slowing by more than half in 2020 as herds rebuild. Producer prices in 2021 are higher than in 2020, and Botswana may supply cattle through a temporarily lifted live export moratorium.

- Date: 2021-05-30 · published 2021-05-30T12:00:00.000Z
- Category: weather · region Namibia · magnitude low
- Page: https://feedsoft.ai/events/47034-1-4-million-cattle-sold-during-drought-restocking-hinders-supply-of-beef-to
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Herd rebuilding reduces slaughter availability and pushes beef prices up in Namibia, though the impact on global feed and grain markets is minimal.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-09-05 | [Australia's drought impact on cow markets - Seeking answers to the hard questions - Beef Central](https://feedsoft.ai/events/62969-australia-s-drought-impact-on-cow-markets-seeking-answers-to-the-hard-questions.md) | -0.0% | +3.5% |
| LCATTLE | 2019-07-15 | [Cattle and beef markets looking for summer direction: Peel](https://feedsoft.ai/events/58218-cattle-and-beef-markets-looking-for-summer-direction-peel.md) | +0.5% | +1.0% |
| LCATTLE | 2022-05-26 | [Input Prices, Drought Impacting Cattle Markets](https://feedsoft.ai/events/41540-input-prices-drought-impacting-cattle-markets.md) | -0.2% | +2.7% |
| LCATTLE | 2024-01-01 | [As drought tightened cattle production, 2023 markets soared  - High Plains Journal](https://feedsoft.ai/events/32247-as-drought-tightened-cattle-production-2023-markets-soared-high-plains-journal.md) | -0.4% | +2.3% |
| LCATTLE | 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) | +0.8% | +2.2% |
| FCATTLE | 2019-07-15 | [Cattle and beef markets looking for summer direction: Peel](https://feedsoft.ai/events/58218-cattle-and-beef-markets-looking-for-summer-direction-peel.md) | -1.1% | -1.9% |
| FCATTLE | 2022-05-26 | [Input Prices, Drought Impacting Cattle Markets](https://feedsoft.ai/events/41540-input-prices-drought-impacting-cattle-markets.md) | +11.9% | +11.6% |
| FCATTLE | 2024-01-01 | [As drought tightened cattle production, 2023 markets soared  - High Plains Journal](https://feedsoft.ai/events/32247-as-drought-tightened-cattle-production-2023-markets-soared-high-plains-journal.md) | +0.7% | +8.6% |

## Sources

- namibian.com.na: https://www.namibian.com.na/14-million-cattle-sold-during-drought-restocking-hinders-supply-of-beef-to-markets/

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