Weather

July proved to be a scorcher in the West, but the weather story flipped to start August, with much of the eastern half of the country enjoying cooler and dryer air during the first few days of the month.

Livestock producers are still adding up the totals when it comes to losses they suffered in last month’s flooding but one analyst expects the losses won’t likely curb cattle herd expansion.

Wheat pasture development and growth is likely to slow or even reverse if forecast weather conditions are realized. This, in turn, may reduce stocker cattle demand in the coming weeks.