Loading…
Lack of rain and irrigation water in the Rio Grande Valley has left ranchers short of hay. Local reports say hay bales that cost about $50 a year ago now sell for around $100, and some ranchers are switching to grain and corn as feed.
Drought-driven hay shortages push ranchers toward grain and corn substitutes, supporting demand for those feeds and raising the cost of cattle production in the region.
krgv.comDianté MarignyNov 12, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.
