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Heavy precipitation improved drought in parts of the Four Corners, Plains and southern Plains, while dryness intensified in the lower Mississippi Valley, lower Midwest and Tennessee. Nearly half of the Lower 48 remains in drought, and cattle producers face tight forage and elevated feed costs entering winter.
Persistent drought and tight forage push cattle producers toward more supplemental feed, supporting demand for feed ingredients and cattle prices, while improved Plains moisture eases some pressure.
rfdtv.comTony St. JamesNov 2, 2026After 80 past bullish weather events, LCATTLE 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, FCATTLE moved a median +0.1% over 5 sessions (53% higher; middle half -1.4% to +1.7%), and +1.4% over 20.
After 445 past neutral weather events, CORN moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% 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.
