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Drought has reduced available pasture forage in Texas, prompting ranchers to begin feeding hay earlier than planned. In late October, about 77% of Texas beef cows were in drought-affected areas, compared with roughly 52% of beef cows nationwide.
Earlier hay feeding increases demand for stored forage and may support hay prices, while prolonged pasture stress could raise ranchers’ feed costs and pressure cattle supplies.
farm.fmUrsula WeberNov 10, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
