Cattle Rise as `Extreme' Hot U.S. Weather May Curb Beef Supply

Cattle futures climbed to a nine-week high last Friday on speculation that U.S. beef supplies will be limited by unusually hot weather that killed some animals and threatened to halt weight gains for the feedlot herd.

July 25, 2010

1 Min Read
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Cattle futures climbed to a nine-week high last Friday on speculation that U.S. beef supplies will be limited by unusually hot weather that killed some animals and threatened to halt weight gains for the feedlot herd.

The Kansas Livestock Association has reported cattle deaths from “extreme temperatures.” Heat indexes in parts of Kansas, the third-largest producing state, Oklahoma and Missouri may reach record highs, according to the National Weather Service.

“There were those limited deaths in Kansas, but the bigger deal is the impact on potential weight gains for cattle in the feedlots,” said Rich Nelson, the director of research at Allendale Inc. in McHenry, IL.

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