Namibia looks to import cattle as drought decimates local herds

After 123 past weather events, Live Cattle moved a median +0.1% over 5 sessions (54% higher; middle half -0.7% to +1.1%), and +0.7% over 20.

• Jul 28, 2022Fewer cattle expected as cow herds shrink due to drought | The Western Producer-0.1%
• Nov 13, 2022All Drought, No Cattle: Low herd supply may drive record-high prices next year+0.8%
• May 26, 2022Input Prices, Drought Impacting Cattle Markets-0.2%
• Feb 12, 2018Drought relief expected to help grain and cattle outlook - High Plains Journal+1.5%
• Jun 7, 2018Drought has changed the cattle price outlook - Brownfield Ag News+1.7%

After 134 past weather events, Feeder Cattle moved a median +0.3% over 5 sessions (57% higher; middle half -1.3% to +2.2%), and +1.2% over 20.

• Jul 28, 2022Fewer cattle expected as cow herds shrink due to drought | The Western Producer+0.1%
• Nov 13, 2022All Drought, No Cattle: Low herd supply may drive record-high prices next year+2.2%
• May 26, 2022Input Prices, Drought Impacting Cattle Markets+11.9%
• Feb 12, 2018Drought relief expected to help grain and cattle outlook - High Plains Journal+2.4%
• Jun 7, 2018Drought has changed the cattle price outlook - Brownfield Ag News-0.7%