Dan’s Cow-Calf Corner Potential Drought Impacts on Cattle Markets

Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist — As April arrives, the current drought situation looms larger and potential impacts on cattle markets are increasing with each passing week. The latest Drought Monitor shows that 43.55 percent of the continental U.S. is in some degree of drought (D1-D4), including 18.06 percent in Extreme and Exceptional drought (D3-D4). Additionally, another 20.66 percent of the country is abnormally dry (D0), which means that only 35.79 percent of the U.S. is free of drought conditions. At the beginning of March one year ago, over 76 percent of the U.S. was…

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