
At the Ozarks Regional Stockyards, slaughter cows and bulls sold $2–$4 per cwt lower amid a heavy supply of 985 head. Feeder steers and calves also softened, while recent rain brought some runoff to streams and ponds but was too late to support significant pasture growth.
Dry conditions and limited winter pasture are bringing more cows to market, adding near-term slaughter supply and weighing on cattle prices. Rain may ease water stress, but it is unlikely to quickly restore forage.
After 18 past bearish weather events, Live Cattle moved a median +0.1% over 5 sessions (56% higher; middle half -0.7% to +0.9%), and -0.1% over 20.
After 29 past bearish weather events, Feeder Cattle moved a median +0.5% over 5 sessions (62% higher; middle half -0.5% to +2.6%), and +2.4% 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.