
A weekend blizzard hit the US Midwest and Plains, and a Kansas livestock group estimated it may have killed thousands of animals. Live cattle futures extended a surge to a record and wholesale beef jumped to a 13-month high.
Animal losses and disrupted deliveries tighten meat supplies, which lifts cattle and beef prices and raises feed demand for cattle operations.
After 80 past bullish weather events, Live Cattle moved a median +0.1% over 5 sessions (54% higher; middle half -0.8% to +1.3%), and +0.7% over 20.
After 79 past bullish weather events, Feeder Cattle moved a median +0.1% over 5 sessions (53% higher; middle half -1.4% to +1.7%), and +1.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.