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Data shows the nation's cattle supply has steadily dropped since 1998 from about 110 million cattle head, despite a small bump in inventory between 2013 and 2018, to 87.2 million head this year.
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Drought can also affect freshwater sources used by people and livestock alike: 2019 drought in Southwestern China caused around 824,000 people and 566,000 livestock to experience severe water scarcity, as over 100 rivers and 180 reservoirs dried out. That event was considered between 1.4 and 6 times more likely to happen as the result of ...
This visualization shows how the drought developed in the U.S. in 2010, 2011, and 2012. Dried up lake in Oklahoma as a result of the droughts. The 2010–2013 Southern United States and Mexico drought was a severe to extreme drought that plagued the Southern United States, including parts of Texas, Louisiana, Arkansas, Mississippi, Alabama, Georgia, South Carolina, North Carolina, Florida, and ...
Live cattle is a type of futures contract that can be used to hedge and to speculate on fed cattle prices. Cattle producers, feedlot operators, and merchant exporters can hedge future selling prices for cattle through trading live cattle futures, and such trading is a common part of a producer's price risk management program. [1]
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