# Drought has changed the cattle price outlook - Brownfield Ag News

> Rabobank analyst Don Close says drought has been the most disruptive influence on the US beef complex. Early calf placements into feedyards have raised cattle-on-feed numbers and risk bunched fed-cattle marketings this summer.

- Date: 2018-06-07 · published 2018-06-07T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/64642-drought-has-changed-the-cattle-price-outlook-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Drought-driven early placements increase feedlot supplies and could lead to herd liquidation, which would tighten supply later. Near term this points to pressure on cattle prices, with longer-term uncertainty.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-09-11 | [Cattle, hog futures pressured by Florence - Brownfield Ag News](https://feedsoft.ai/events/63193-cattle-hog-futures-pressured-by-florence-brownfield-ag-news.md) | +2.9% | +3.3% |
| LCATTLE | 2018-07-11 | [Spotlight on Economics: Cattle Price Volatility Continues — Extension and Ag Research News](https://feedsoft.ai/events/63965-spotlight-on-economics-cattle-price-volatility-continues-extension-and-ag.md) | -0.5% | +2.3% |
| LCATTLE | 2022-10-31 | [Drought continues to impact timing of future marketings \| Ag Proud](https://feedsoft.ai/events/39290-drought-continues-to-impact-timing-of-future-marketings-ag-proud.md) | +1.1% | +2.7% |
| LCATTLE | 2026-06-03 | [Grain Market Pain Continues on Weather: Cattle Fall as NWS Nears - AgWeb](https://feedsoft.ai/events/10649-grain-market-pain-continues-on-weather-cattle-fall-as-nws-nears-agweb.md) | +0.0% | -0.7% |
| 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% |
| FCATTLE | 2018-07-11 | [Spotlight on Economics: Cattle Price Volatility Continues — Extension and Ag Research News](https://feedsoft.ai/events/63965-spotlight-on-economics-cattle-price-volatility-continues-extension-and-ag.md) | -0.4% | -1.3% |
| FCATTLE | 2017-08-10 | [How will summer drought and this fall’s corn crop affect feeder cattle](https://feedsoft.ai/events/69610-how-will-summer-drought-and-this-fall-s-corn-crop-affect-feeder-cattle.md) | +0.5% | +2.8% |
| FCATTLE | 2021-05-19 | [Reviewing Feed Costs, Drought, and Feedlot Inventory \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/10275-reviewing-feed-costs-drought-and-feedlot-inventory-ohio-beef-cattle-letter.md) | -0.4% | +14.9% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/managing_profit/drought-has-changed-the-cattle-price-outlook/

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