Cattle futures in Chicago surged to fresh record highs on Friday, driven by severe winter weather forecasts for the Central Plains and Midwest, two key regions home to the nation's cattle belt. Analysts warn that the harsh conditions could reduce herd sizes and impact carcass weights, further tightening the nation's cattle supply.
"While cattle can tolerate cold weather, extreme cold forces them to expend more energy, directly impacting feed conversion rates and ultimately reducing carcass weights," Daily Livestock Report wrote in a note on Friday, warning that cattle weights fell 3% during last year's cold blast across the Lower 48.
Pretty standard for January to be honest. Yes I hate it but it's the midwest. The cows will do just fine. No individual I know of ever bets on cow futures. The output will be the same or better for cattle. This was the best year in recent memory for feed around most of my entire region.
As long as they're eating the temp doesn't much matter. I think it's just making the market to get a gain using the cold. Production will be higher than last year.
And after the criminals promoting the bird flu scare kill off millions of cattle, prices will go even higher, like they are now for eggs because the mass chicken killing for no good reason.
First of all, the chickens get over bird flu just fine if you just let them live, and then they're immune. Second, killing them does nothing to stop reinfection, which happens over and over because of wild birds.
"While cattle can tolerate cold weather, extreme cold forces them to expend more energy, directly impacting feed conversion rates and ultimately reducing carcass weights," Daily Livestock Report wrote in a note on Friday, warning that cattle weights fell 3% during last year's cold blast across the Lower 48.
https://www.zerohedge.com/commodities/cattle-futures-hit-new-record-high-polar-blast-set-hit-nations-beef-supply